PMI Risk Management Professional (PMI-RMP) — Question 130

Two companies merge. The executive leadership team for the newly formed company hires a project risk manager to integrate both companies' technology platforms into a single global platform. Since success of this integration project is critical for the new company, the project risk manager determines that risk management is vital.
What factors does risk response planning include?

Answer options

• A. People, planning, and analysis
• B. People, planning, and avoidance
• C. Planning, avoidance, and analysis
• D. People, avoidance, and analysis

Correct answer: A

Explanation

The correct answer is A because risk response planning encompasses the roles of individuals, strategic planning, and thorough analysis to effectively address potential risks. Options B, C, and D replace critical components of risk response planning, such as 'analysis,' with other terms that do not represent the complete framework required for effective risk management.