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Message	Write Preview [quote="Mary Kathrine Padua" post=12422][url=http://www.pm-prepcast.com/simulator][img]http://www.pm-exam-simulator.com/images/logorandom/simulator-header3.jpg[/img][/url] Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator. You are the project manager of project ABC. In the middle of the project, a fire broke out. There was not much damage, but some machinery was destroyed. The machines were already insured. Therefore, the fire did not affect the project cost. Which type of risk response did the team adopt in this scenario? A. Mitigation B. Transfer C. Avoidance D. Workaround -------------------- HINT: The risk was shifted to the insurance company. -------------------- All our questions are updated to the latest [i]A Guide to the Project Management Body of Knowledge (PMBOK® Guide)[/i] standard. Stop by at http://www.pm-prepcast.com/freesimulator and try the PM Exam Simulator free for 3 days. We also offer 110 free questions at http://www.free-pm-exam-questions.com. We are a trusted and experienced education provider. Answer and Explanation: The correct answer is B. Transfer of risk shifts the negative impact of the event to a third party, in this case, the insurance company.[/quote]

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6 years 5 months ago #12422
Mary Kathrine Padua	Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator. You are the project manager of project ABC. In the middle of the project, a fire broke out. There was not much damage, but some machinery was destroyed. The machines were already insured. Therefore, the fire did not affect the project cost. Which type of risk response did the team adopt in this scenario? A. Mitigation B. Transfer C. Avoidance D. Workaround HINT: The risk was shifted to the insurance company. All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at www.pm-prepcast.com/freesimulator and try the PM Exam Simulator free for 3 days. We also offer 110 free questions at www.free-pm-exam-questions.com . We are a trusted and experienced education provider. Answer and Explanation: The correct answer is B. Transfer of risk shifts the negative impact of the event to a third party, in this case, the insurance company.

6 years 5 months ago #12422

Mary Kathrine Padua

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Hello everyone! Here is this week's free PMP® exam sample question from the PM Exam Simulator.

You are the project manager of project ABC. In the middle of the project, a fire broke out. There was not much damage, but some machinery was destroyed. The machines were already insured. Therefore, the fire did not affect the project cost. Which type of risk response did the team adopt in this scenario?

A. Mitigation
B. Transfer
C. Avoidance
D. Workaround

HINT: The risk was shifted to the insurance company.

All our questions are updated to the latest A Guide to the Project Management Body of Knowledge (PMBOK® Guide) standard. Stop by at www.pm-prepcast.com/freesimulator and try the PM Exam Simulator free for 3 days. We also offer 110 free questions at www.free-pm-exam-questions.com . We are a trusted and experienced education provider.
Answer and Explanation:
The correct answer is B.

Transfer of risk shifts the negative impact of the event to a third party, in this case, the insurance company.

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Free PMP® Exam Sample Question of the Week