ExamTopics Logo
Mail Us[email protected]
Menu
Pmi Discussions
exam questions

Exam PMI-RMP All Questions

View all questions & answers for the PMI-RMP exam
Go to Exam

Exam PMI-RMP topic 1 question 47 discussion

Actual exam question from PMI's PMI-RMP
Question #: 47
Topic #: 1
[All PMI-RMP Questions]

A race director is planning a marathon with US$80,000 in upfront costs that will be offset by race fees. The remainder of the funds will be donated to a national charity. State law mandates that all money paid by the participants must be refunded if the race is cancelled for any reason.
Which of the following is the best example of a risk mitigation response?

  • A. Let the runners know the race will be cancelled only in the event of an emergency.
  • B. Purchase an insurance policy covering up to US$85,000 in losses, at a cost of US$5,000, in the event the race is cancelled.
  • C. Inform the charity that they will receive no funds should the race be cancelled.
  • D. Charge the runners an additional amount to cover the US$80,000.
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️
by Azharmak at Nov. 28, 2023, 4:28 a.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Azharmak
3 weeks, 5 days ago
B Please
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago