PMI Risk Management Professional (PMI-RMP) — Question 159

A project team will receive a bonus if a project is completed earlier per the contract. However, the cost of early completion will be too high if more resources are added. The risk manager recommends motivating the project team with a slight salary increase instead of contracting more workers for early completion.

Which risk response strategy is the risk manager using in this scenario?

Answer options

• A. Mitigate
• B. Enhance
• C. Transfer
• D. Escalate

Correct answer: A

Explanation

The risk manager is using the Mitigate strategy by addressing the risk of high costs associated with adding resources for early project completion. Instead of increasing costs, the risk manager aims to motivate the existing team to improve performance. The other options do not fit because Enhance focuses on increasing the probability of a positive outcome, Transfer involves shifting the risk to another party, and Escalate refers to raising the issue to a higher authority.