The answer is the Accept risk response, specifically a passive acceptance strategy. This is correct because the project manager has acknowledged the risk of the vendor’s late delivery and chosen to document and monitor it without taking any proactive action to reduce its probability or impact. In technical terms, passive acceptance means the risk is formally logged and tracked, but no contingency reserves or mitigation steps are implemented upfront; the team simply watches for triggers and deals with the issue if it occurs. On the CompTIA Project+ PK0-005 exam, this scenario tests your ability to distinguish acceptance from other responses like mitigate or transfer—a common trap is confusing passive acceptance with ignoring the risk, but documentation and monitoring prove it is a deliberate strategy. A useful memory tip: think “watch and wait” for passive acceptance—you’re not acting, but you’re not blind.
PK0-005 Project Management Concepts Practice Question
This PK0-005 practice question tests your understanding of project management concepts. Read the scenario carefully and evaluate each option against the stated constraints before committing to an answer. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
A project manager identifies a risk that a critical vendor may not deliver on time. The project manager decides to document the risk and monitor it closely, but does not take any proactive action. This is an example of which risk response?
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Accept
The project manager has identified a risk (vendor may not deliver on time) and decided to document it and monitor it without taking any proactive action. This is the definition of an 'Accept' risk response, where the risk is acknowledged and a contingency plan may be in place, but no active steps are taken to reduce the probability or impact beforehand. In the context of the PK0-005 exam, this is a passive acceptance strategy, often used when the cost of mitigation exceeds the potential impact or when the risk is low enough to be tolerated.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
✗
Avoid
Why it's wrong here
Incorrect. Avoidance involves changing the project plan to eliminate the risk entirely.
✗
Mitigate
Why it's wrong here
Incorrect. Mitigation involves reducing the probability or impact, which would require proactive action.
✓
Accept
Why this is correct
Correct. Acceptance involves acknowledging the risk and planning to deal with it if it occurs, but no proactive action.
Related concept
Read the scenario before looking for a memorised answer.
✗
Transfer
Why it's wrong here
Incorrect. Transfer shifts the risk to a third party, such as through insurance.
Common exam traps
Common exam trap: answer the scenario, not the keyword
The trap here is that candidates often confuse 'Accept' with 'Mitigate' because they think monitoring the risk is a form of mitigation, but monitoring is part of the 'Accept' response, not a proactive reduction of probability or impact.
Detailed technical explanation
How to think about this question
In risk management, 'Accept' is a formal response where the risk is acknowledged and a contingency reserve (time or budget) may be set aside, but no proactive action is taken to change the risk's probability or impact. This is often documented in the risk register with a trigger condition for when the contingency plan will be activated. In real-world scenarios, passive acceptance is common for low-priority risks where the cost of mitigation exceeds the potential loss, or for risks that are outside the project team's control, such as regulatory changes.
KKey Concepts to Remember
Read the scenario before looking for a memorised answer.
Find the constraint that changes the correct option.
Eliminate answers that are true in general but not in this case.
TExam Day Tips
→Watch for words such as best, first, most likely and least administrative effort.
→Review why wrong options are wrong, not only why the correct option is correct.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
How this comes up in practice
A practitioner preparing for the PK0-005 exam encounters this exact type of scenario on the job. The correct answer here is not the most general option — it is the best answer for the specific constraint described. Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option. Real exam questions reward reading the full scenario before eliminating options, because the constraint defines which answer fits.
What to study next
Got this wrong? Here's your next step.
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
Project Management Concepts — This question tests Project Management Concepts — Read the scenario before looking for a memorised answer..
What is the correct answer to this question?
The correct answer is: Accept — The project manager has identified a risk (vendor may not deliver on time) and decided to document it and monitor it without taking any proactive action. This is the definition of an 'Accept' risk response, where the risk is acknowledged and a contingency plan may be in place, but no active steps are taken to reduce the probability or impact beforehand. In the context of the PK0-005 exam, this is a passive acceptance strategy, often used when the cost of mitigation exceeds the potential impact or when the risk is low enough to be tolerated.
What should I do if I get this PK0-005 question wrong?
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
What is the key concept behind this question?
Read the scenario before looking for a memorised answer.
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Question Discussion
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