During a marketing campaign launch, a new risk emerges: a competitor releases a similar product at a lower price. The project team has no pre-planned response. The campaign is already running and cannot be paused. What is the most appropriate workaround?

Update the risk register and assign a team to analyze the competitor's pricing strategy.

Wait for the competitor's campaign to end before taking any action.

Immediately launch a limited-time discount or bundle offer to counter the competitor's pricing.

Conduct a full risk assessment to identify all potential competitive responses.

For a risk response action to be successfully executed, who should be assigned to ensure it is carried out?

The project management office (PMO)

Which of the following is a characteristic of a workaround?

It is planned in advance for known risks

It is developed in response to an unplanned risk

It is always documented in the risk register before execution

It is a strategy to transfer risk to a third party

Why is it important to re-evaluate organizational risks periodically?

To satisfy stakeholder requirements for documentation

To ensure risk responses remain effective and aligned with the current context

To reduce the number of risks in the register

During project execution, an unplanned risk emerges that was not identified during planning. The project team must respond immediately. What is the appropriate action to handle this situation?

Escalate to the project sponsor

Update the risk management plan

Ignore the risk until the next review

PMIRisk Management Professional

Domain 4Objective 1

Task 1 Plan Risk Response PMI-RMP Practice Questions (Page 3)

Part of the Risk Response domain, which accounts for 13% of the PMI-RMP exam. PMI does not publish an official question count, but from its 230-minute exam (~90–155 total, ~12–20 in this domain), expect 6–10 from this objective — we provide 30 practice questions to prepare you well beyond it. (estimate)

30questions here

6free pages

8concepts

13%of the exam

Questions 11–15

11application · medium
During a marketing campaign launch, a new risk emerges: a competitor releases a similar product at a lower price. The project team has no pre-planned response. The campaign is already running and cannot be paused. What is the most appropriate workaround?
Select an answer first
12foundation · easy
For a risk response action to be successfully executed, who should be assigned to ensure it is carried out?
Select an answer first
13foundation · easy
Which of the following is a characteristic of a workaround?
Select an answer first
14foundation · easy
Why is it important to re-evaluate organizational risks periodically?
Select an answer first
15foundation · easy
During project execution, an unplanned risk emerges that was not identified during planning. The project team must respond immediately. What is the appropriate action to handle this situation?
Select an answer first

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