Which of the following risk response strategies involves the use of insurance, performance bonds,
A. Risk acceptance
B. Risk mitigation
C. Risk avoidance
D. Risk transfer
During which of the following process groups is the availability of required resources for the
Given the circumstances below, which of the following would be the BEST action for the project
manager to take?
One of the key stakeholders disagrees with the project.
Two of the key staff members refuse to work with each other.
The budget for the project has been reduced.
The scope of the project has changed.
A. The staff members who refuse to work together should be terminated so that the project can
proceed on schedule.
B. The project should be closed because the scope has changed.
C. The project manager should work with the stakeholders to resolve the areas of disagreement.
D. The project manager should fast track the schedule because the project budget was reduced.