Clarification on an exam question
Hi Andrew I did a practice exam from your 2024 Udemy exam prep and I came across these two questions that I got wrong but don’t understand the explanation. Are you able to assist? Q 1 - no where in the question does it say the risk was identified during the planning phase 1. A project manager is overseeing the production of a specific machine in a factory, which was contracted through a foreign supplier. However, just before the delivery of the final two components, the supplier informs the project manager that they require a renegotiation of prices, threatening non-delivery if the prices are not revised. What should be the project manager's initial action to address this situation? Correct response: Activate the predefined response plan for this risk event. The answer I picked: Collaborate with the supplier to mitigate cost impact through negotiations