PRINCE2-Practitioner Exam

DRAG DROP -

The project is in stage 2. The project manager has heard that a competitor may launch a similar e-learning course much sooner than ABC Company. There is a threat that the earlier launch of a competitor's course may reduce the profitability of ABC Company training courses.

Here are three responses to this risk.

Which risk response type (A-F) are they?

Choose only one response type for each risk response. Each response type can be used once, more than once, or not at all.

Select and Place:

1. Prepare contingent plan By preparing a contingent plan, you are taking proactive measures to address any potential threats or opportunities that may arise from monitoring your competitor's activities. This allows you to be prepared for various scenarios and take appropriate actions as needed. 2.Reduce a threat. Delivering the product course earlier than originally planned can be seen as a threat because it could potentially impact the quality of the course or strain resources. The strategy to “reduce a threat” involves taking action to minimize the probability of the event occurring, or reduce its impact if it does occur 3.Accept the risk. In this scenario, the belief that the products are of the highest quality and the decision to continue with the project as planned indicates a willingness to accept the risk. This means that no proactive action is taken to address the risk, but rather, it is accepted and monitored. If the risk materializes, then reactive action will be taken as necessar