Program Management Professional (PgMP) — Question 187

The risk manager completes risk response planning. The risk manager believes that to effectively address all eventualities, an additional action is required.
What should the program manager do next?

Answer options

• A. Transfer a percentage of known risks.
• B. Establish a contingency reserve.
• C. Avoid known critical project threats.
• D. Perform a final review of project scope.

Correct answer: B

Explanation

The correct answer is B, as establishing a contingency reserve provides a financial buffer to address unforeseen risks. Options A and C suggest transferring or avoiding risks, which do not fully prepare the project for potential challenges. Option D, while important, does not directly address the need for additional risk management.