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PMP Certification Executing Questions Test 6

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Question : 24

Total: 41

After performing a risk analysis, the project manager realizes that the project team may be unable to develop a final project module on time and within quality standards. This could cause a financial loss to the company. The project manager decides to engage a vendor to deliver that module using a firm fixed price (FFP) contract.
What risk response strategy did the project manager use?

Transfer
Share
Mitigate
Avoid

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