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Question ID 21663

You are the program manager for your organization. Management is considering a new program but they
are worried about the program risks that may affect the program success. You know that there are three
positive risks responses and three negative risk responses that each risk can have. Management asks you
which risk response would be most appropriate for a large risk event if they wanted to hire a third-party to
own the risk event for the program. What risk event is most appropriate?

Option A

Transference

Option B

Mitigation

Option C

Avoidance

Option D

Sharing

Correct Answer A
Explanation


Question ID 21664

You are the program manager for your organization. You have created a statement of work, request for
proposal, and an invitation to a bidder's conference for 17 possible vendors. During the conference there
were questions about your request for proposal and statement of work that led to clarifications. After the
vendor conference you should update what information to send back to the vendors?

Option A

Request for bid documents

Option B

Proposals

Option C

Statement of work

Option D

Program management plan

Correct Answer C
Explanation

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