Quiz on Mitigation and Acceleration

What is the primary objective of mitigation in risk management?

• Overcome delays

• Speed up project completion

• Increase project costs

• Minimize or eliminate negative impacts of risks

When is acceleration typically implemented in a project?

• Before the project starts

• During the project

• After project completion

• Only during planning

What does mitigation focus on?

• Overcoming delays

• Reducing probability of risks

• Increasing project speed

• Dealing with risks after they occur

Which of the following is an example of a mitigation strategy?

• Implementing safety protocols

• Adding more resources

• Compressing schedules

• Increasing work hours

What is a potential impact of mitigation on the project schedule?

• Directly affects project schedule

• Reduces project costs

• May not directly affect project schedule

• Always delays the project

What is a common cost implication of acceleration?

• Savings from faster completion

• No additional costs involved

• Initial investment in mitigation measures

• Increased costs such as overtime pay

What is the focus of acceleration in risk management?

• Preventing risks from occurring

• Minimizing costs

• Long-term sustainability

• Speeding up project schedule

Which strategy is NOT associated with mitigation?

• Overlapping activities

• Contingency planning

• Risk transfer

• Risk prevention

What is a potential downside of acceleration?

• Increases long-term sustainability

• May sacrifice long-term sustainability for short-term gains

• Always reduces project costs

• Improves project quality

What is the purpose of mitigation in risk management?

• Focuses on immediate gains

• Deals with risks after they occur

• Prevents risks from occurring

• Increases project duration