Hard1 markMultiple Choice

PMP · Question 49 · Task 14: Establish project governance structure

A project manager identifies a risk that exceeds the project's tolerance thresholds. The risk response requires resources beyond the project manager's authority. What should the project manager do?

Answer options:

A.

Accept the risk.

B.

Escalate the risk to the project sponsor or steering committee.

C.

Use the management reserve without approval.

D.

Mitigate the risk using existing project resources.

How to approach this question

Match 'Exceeds Authority' to 'Escalate'.

Full Answer

B.Escalate the risk to the project sponsor or steering committee.✓ Correct
B
Task 14 involves defining escalation paths. Governance structures define who handles risks at what level.

Common mistakes

Trying to be a hero and handle it internally (D).

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