PMP Certification Mix Questions Test 3

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Question : 36 of 70

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Assume that you are working on a new product for your firm. Your CEO learned that a competitor was about to launch a new product that has similar features to those of your project. The competitor plans to launch the product on September 1. It is now March 1. Your schedule called for you to launch your product on December 1. Your CEO now has now mandated that you fast track your project so you can launch your product on August 1. This fast track schedule is an example of an______________

Unknown risk
A risk taken to achieve a reward
A response that requires sharing the risk
A passive avoidance strategy

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