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Hello everyone! Here is this week's free PMP exam sample question from the PM Exam Simulator.
On your project, you handle known risks by performing the Plan Risk Responses process. Which of the following would you use when you encounter unknown risks?
A. Risk Reserves
B. Risk Mitigation
C. Risk Transfer
D. Risk Acceptance
HINT: Unknown risks cannot be managed proactively.
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Answer and Explanation:
The correct answer is A.
Unknown risks are handled by applying risk reserves.
The following user(s) said Thank You: Christopher Cunningham
This interview with Simona Fallavollita (LinkedIn Profile) was recorded at the magnificient Project Management Institute (PMI)® Global Conference 2017 in Chicago, Illinois. We discuss the how, what, why and when of the changes that are coming to the PMP exam.