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PK0-005 Project Life Cycle Practice Question

A project manager is planning risk responses for identified risks. Which THREE are valid risk response strategies?

Answer choices

Why each option matters

Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.

Correct answer & explanation

Avoid

The main risk response strategies are Avoid, Transfer, Mitigate, and Accept. Enhance is for opportunities, not threats.

Answer analysis

Option-by-option breakdown

For each option: why learners choose it and why it is or isn't the right answer here.

  • Ignore

    Why it's wrong here

    Ignore is not a recognized response strategy.

  • Enhance

    Why it's wrong here

    Enhance is for positive risks (opportunities).

  • Avoid

    Why this is correct

    Correct: Avoid involves eliminating the risk.

  • Mitigate

    Why this is correct

    Correct: Mitigate reduces probability or impact.

  • Transfer

    Why this is correct

    Transfer shifts the financial impact of a risk to a third party, such as an insurance policy or fixed-price contract, without eliminating the underlying threat. In the PK0-005 scenario, this strategy satisfies the constraint that risk responses must be valid according to the PMBOK Guide, which formally recognises transfer as a distinct response for negative risks. It does not reduce probability or impact, but reallocates liability.

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JA

Written by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

This PK0-005 practice question is part of Courseiva's free CompTIA certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PK0-005 exam.