PMI Risk Management Professional Practice Exam

What is a critical factor for ensuring that a risk response is carried out quickly after a triggering event?

1. One person is accountable for the response

2. The response is planned as the event occurs

3. Sufficient funds are in the general management pool

4. The response approval process proceeds efficiently

The correct answer is: One person is accountable for the response

The critical factor for ensuring that a risk response is carried out quickly after a triggering event is that one person is accountable for the response. When a single individual is designated with clear responsibility for executing a risk response, it streamlines the decision-making process and creates a sense of urgency. This accountability minimizes delays as the designated person does not have to wait for consensus or approval from multiple parties, which can complicate actions during critical moments. Establishing accountability means that there is a clear owner of the response actions, allowing for prompt execution of necessary measures. This person can mobilize resources and coordinate efforts immediately following the risk event, which is essential for mitigating the potential negative impacts of the risk in question. In high-pressure situations, having a defined leader can make all the difference in effectively navigating the response process. While planning the response as the event occurs may seem proactive, it often leads to confusion and inefficiency if there is no clear authority guiding those actions. Similarly, having sufficient funds and an efficient approval process are important, but they are not as directly influential as accountability in ensuring that the response occurs swiftly and effectively once a risk is triggered.