PMI Risk Management Professional Practice Mode

Community Discussion

Written by other learners. Comments can disagree with the marked answer — check the official documentation when in doubt.

• Chose B0

  - Risk thresholds are specific measures of acceptable variation around objectives with defined escalation points. In this case, the 5% and 10% limits are measurable thresholds that trigger different actions. Risk appetite is broader (the general willingness to accept cost uncertainty). Response strategies are actions taken for specific risks, and transfer is a specific response type (shifting risk to a third party).