PMI Exam PMI-RMP Topic 7 Question 72 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 72
Topic #: 7

You are the project manager for your organization. You have determined that an activity is too dangerous to complete internally so you hire licensed contractor to complete the work. The contractor, however, may not complete the assigned work on time which could cause delays in subsequent work beginning. This is an example of what type of risk event?

AInternal

BSecondary risk

CPure risk

DTransference

Show Suggested Answer

Suggested Answer: B

by Caprice at Mar 07, 2024, 06:33 PM

Limited Time Offer

25%

Off

Get Premium PMI-RMP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Fidelia

7 months ago

I disagree with Audria, I think it's a pure risk because the potential delay could impact the project negatively.

upvoted 0 times

...

Audria

7 months ago

I believe it's a transference risk because we are transferring the risk of the activity to the contractor.

upvoted 0 times

...

Jules

7 months ago

I agree with Wei, it's definitely a secondary risk because it's caused by hiring the contractor.

upvoted 0 times

...

Wei

7 months ago

I think this is a secondary risk.

upvoted 0 times

...

Jesusita

8 months ago

I think we're overthinking this. The fact that the organization is hiring a licensed contractor to handle the dangerous work clearly indicates they are transferring the risk. I'm going with D) Transference.

upvoted 0 times

Kristine

7 months ago

Agreed, D) Transference it is.

upvoted 0 times

...

Ashlee

8 months ago

Sounds good to me, let's go with D) Transference.

upvoted 0 times

...

Anissa

8 months ago

Great, let's move forward with that choice then.

upvoted 0 times

...

Fannie

8 months ago

Yes, that makes the most sense based on the scenario.

upvoted 0 times

...

Arlette

8 months ago

So, we all agree that it's option D) Transference?

upvoted 0 times

...

Leota

8 months ago

I think you're right, it's a clear example of risk transference.

upvoted 0 times

...

Elenora

8 months ago

I agree, it definitely seems like the risk is being transferred to the contractor.

upvoted 0 times

...

Michael

8 months ago

Hmm, good point Timothy. The potential for delays due to the contractor's performance introduces another layer of risk. I'm torn between B) Secondary risk and D) Transference.

upvoted 0 times

...

Timothy

8 months ago

I agree, Dierdre. The key here is that the risk is being transferred to the contractor. But what if the contractor doesn't complete the work on time? That could create a secondary risk, so I'm also considering B) Secondary risk.

upvoted 0 times

...

Dierdre

8 months ago

This question seems a bit tricky. Hiring a contractor to complete dangerous work is a form of risk transfer, so I'm leaning towards D) Transference.

upvoted 0 times

...