http://www.alsenosy.com | http://www.professionalengineers.us178.Answer:D.
PMBOK®Guide,pages 442 - 443 ,Section 11. 5. 2. 4
StrategiesforThreats
Transferinvolvesshiftingownershipofathreattoathirdpartytomanagetheriskandbearthe
impactifthethreatoccurs.Risktransferofteninvolvespaymentofariskpremiumtotheparty taking
onthethreat.Transfercanbeachievedbyarangeofactions,whichinclude,butarenot limitedto,
theuseofinsurance,performancebonds,warranties,guarantees,etc.Agreementmaybe usedto
transferownershipandliabilityforspecifiedriskstoanotherparty.
Risktransferenceisariskresponsestrategywherebytheprojectteamshiftstheimpactofathreatto
athirdparty,togetherwithownershipoftheresponse.Transferringtherisksimplygivesanother
party responsibility for its management-it does not eliminate it. Transferring does not mean
disowning the risk by transferring it to a later project or another person without his or her
knowledgeoragreement.
Risktransferencenearlyalwaysinvolvespaymentofariskpremiumtothepartytakingontherisk.
Transferringliabilityforriskismosteffectiveindealingwithfinancialriskexposure.Transference tools
canbequitediverseandinclude,butarenotlimitedto,theuseofinsurance,performance bonds,
warranties,guarantees,etc.
Contractsoragreementsmaybeusedtotransferliabilityforspecifiedriskstoanotherparty.For
example,whenabuyerhascapabilitiesthatthesellerdoesnotpossess,itmaybeprudentto transfer
someworkanditsconcurrentriskcontractuallybacktothebuyer.Inmanycases,useofa cost-plus
contractmaytransferthecostrisktothebuyer,whileafixed-pricecontractmaytransfer risktothe
seller.
179.Answer:C.
PMBOK®Guide,pages 442 - 443 ,Section 11. 5. 2. 4
StrategiesforThreats
RiskAcceptance acknowledgestheexistenceforathreat,but noproactive actionistaken.This
strategymaybeappropriateforlow-prioritythreats,anditmayalsobeadopted whereitisnot
possibleorcost-effectivetoaddressathreatinanyotherway.Acceptancecanbeeitheractiveor
passive.Themostcommonactiveacceptancestrategyistoestablishacontingencyreserve, including
amountsoftime,money,orresourcestohandlethethreatifitoccurs.Passiveacceptance involves
noproactiveactionapartfromperiodicreviewofthethreattoensurethatitdoesnot change
significantly.
Riskacceptanceisariskresponsestrategywherebytheprojectteamdecidestoacknowledgethe risk
andnottakeanyactionunlesstheriskoccurs.Thisstrategyisadoptedwhereitisnotpossibleor
cost-effectivetoaddressaspecificriskinanyotherway.Thisstrategyindicatesthattheprojectteam