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Exam CAPM topic 1 question 502 discussion

Actual exam question from PMI's CAPM
Question #: 502
Topic #: 1
[All CAPM Questions]

While executing a building construction project, the supplier may delay the delivery and increase the cost of materials due to new safety regulations. The team has identified an option to absorb the cost by reducing the lag for some of the tasks.

What should the team do to ensure that this situation is managed?

  • A. Perform Quantitative Risk Analysis
  • B. Plan Project Risk Management
  • C. Implement Appropriate Response
  • D. Perform Qualitative Risk Analysis
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Suggested Answer: C 🗳️

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JesseChou_123
1 month, 1 week ago
Selected Answer: C
The team has already identified the risk (supplier delay and increased costs) and chosen a response strategy (absorbing cost by reducing lag on tasks). The next step is to implement this risk response to manage the situation effectively.
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