PMP · Question 49 · Task 14: Establish project governance structure
A project manager identifies a risk that exceeds the project's tolerance thresholds. The risk response requires resources beyond the project manager's authority. What should the project manager do?
Answer options:
Accept the risk.
Escalate the risk to the project sponsor or steering committee.
Use the management reserve without approval.
Mitigate the risk using existing project resources.
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