CAPM (Certified Associate in Project Management) Practice Exam

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What is the goal of the plan risk responses process?

  1. To eliminate all project risks

  2. To identify new risks

  3. To enhance opportunities and reduce threats

  4. To document all possible threats

The correct answer is: To enhance opportunities and reduce threats

The goal of the plan risk responses process is to reduce the potential impact of risks on a project. Option A, eliminating all project risks, is not feasible as some risks may be unavoidable. Option B, identifying new risks, is a part of the process but not the ultimate goal. Option D, documenting all possible threats, is important but not the main focus of this process. Option C, enhancing opportunities and reducing threats, is the most appropriate goal as it ensures that risks are managed effectively and the project's success is maximized. By focusing on enhancing opportunities, the project team can also take advantage of potential positive risks or opportunities.