Which of the following statements is TRUE?

You are the project manager of GHT project. Your hardware vendor left you a voicemail saying that the delivery of the equipment you have ordered would not arrive on time. She wanted to give you a heads-up and asked that you return the call.

Which of the following statements is TRUE?
A . This is a residual risk.
B . This is a trigger.
C . This is a contingency plan.
D . This is a secondary risk.

View Answer

Answer: B

Explanation:

Triggers are warning signs of an upcoming risk event. Here delay in delivery signifies that there may be a risk event like delay in completion of project. Hence it is referred to as a trigger.

Incorrect Answers:

A: Residual risk is the risk that remains after applying controls. But here in this scenario, risk event has not occurred yet.

C: A contingency plan is a plan devised for a specific situation when things go wrong. Contingency plans are often devised by governments or businesses who want to be prepared for anything that could happen. Here there are no such plans.

D: Secondary risks are risks that come about as a result of implementing a risk response. But here in this scenario, risk event has not occurred yet.