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Risk Strategy And PlanningmediumMultiple ChoiceObjective-mapped

PMI-RMP Risk Strategy And Planning Practice Question

A project team is conducting a risk planning workshop. A team member suggests that all risks identified should be mitigated. What is the most appropriate response from the project manager?

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

Explain that risk responses are selected based on the cost-benefit analysis and risk appetite.

Not all risks are worth mitigating; the cost of mitigation must be balanced against the potential impact.

Answer analysis

Option-by-option breakdown

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

  • Transfer all identified risks to a third-party vendor.

    Why it's wrong here

    Transfer is not always available or cost-effective for every risk.

  • Ignore the comment and document only the risks the manager likes.

    Why it's wrong here

    This is subjective and violates the principle of comprehensive identification.

  • Explain that risk responses are selected based on the cost-benefit analysis and risk appetite.

    Why this is correct

    This reflects the strategic approach to choosing appropriate, cost-effective responses.

  • Agree with the team member to ensure project safety.

    Why it's wrong here

    Unnecessary mitigation wastes resources and reduces project ROI.

About these practice questions

Courseiva writes every PMI-RMP question from scratch — 200 in total, each with an explanation and a wrong-answer breakdown. None are copied from real exams or dumps. Learn why practice questions differ from exam dumps →

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JA

Written and reviewed by Johnson Ajibi, MSc IT Security

Senior Network & Security Engineer · founder of Courseiva

Last reviewed August 2026 · checked against the official PMI exam blueprint

This PMI-RMP practice question is part of Courseiva's free PMI 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 PMI-RMP exam.