PMP Practice Question: Process — Predictive, Easy
Your team has identified a risk that a key supplier might not deliver critical components on time, which would delay your project by two weeks. After analyzing the risk, you decide to order the components from a backup supplier who can guarantee delivery within your required timeframe, even though this will cost 15% more. What risk response strategy are you implementing?
Study this topic
- 📖Will AI Replace Project Managers? The Honest Answer
Explore the realistic impact of AI on project management careers, what the 2026 PMP exam teaches about AI integration, and how to future-proof your PM skills.
- 📖Risk Management in PMBOK 8: Principles for the 2026 PMP Exam
Discover how PMBOK 8's principles-based approach transforms risk management for the 2026 PMP exam. Learn essential strategies for the Business Environment domain.
- 🗂️Flashcards: Risk Responses, Reserves & Contract Types
14 cards · quick recall practice
More Process Questions
View all →You are managing a construction project with a fixed budget of $2.5 million and a 14-month timeline. During month 6, you conduct an earned value analysis and discover that the Cost Performance Index (CPI) is 0.85 and the Schedule Performance Index (SPI) is 0.92. The project sponsor asks you to forecast the final project cost and determine what actions are needed. Using the current performance trends, what is the most appropriate estimate at completion (EAC) if you believe current variances are atypical and future work will be performed at the planned rate?
You are leading a software development project using a predictive approach. The project sponsor has approved the project charter, and you are now ready to begin detailed planning. Your next step is to gather requirements from stakeholders to understand what the software must accomplish. Which process group are you currently working in?
You are managing a bridge construction project and have just completed developing the Work Breakdown Structure (WBS) with your team. Each work package has been defined and assigned a unique identifier. A team member asks what the lowest level of the WBS represents. How should you respond?