ITPEC IP April 2026 Question 52
There are negative and positive risks in a project. Among the treatment of risks in scheduling, which of the following corresponds to a treatment of a positive risk?
Explanation
Running tasks in parallel to shorten the project when finishing early cuts the overall cost — a positive risk is an opportunity, and this treatment acts to seize it.
A risk is an uncertain event that affects the project objectives. Negative risks (threats) are treated by avoidance, mitigation, transfer or acceptance; positive risks (opportunities) by exploiting, enhancing, sharing or accepting. In (b) the chance to reduce the overall cost by advancing the schedule is an opportunity, and parallel work (fast tracking) is taken to realise it.
Answer (b)
Why not others:
- •(a) — vaccination lowers the probability of the threat that members fall ill and cannot work: mitigation of a negative risk
- •(c) — securing replacement staff lowers the impact of the threat that staff withdraw: mitigation of a negative risk
- •(d) — insurance moves the financial damage of a delay penalty to the insurer: transfer of a negative risk
Key rule: Threats are avoided, mitigated, transferred or accepted; opportunities are exploited, enhanced, shared or accepted.
Project Management · AI-written, may contain errors
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