Question

Which are potential impacts given a project with risk responses but no contingency plan?

O incorrect actions taken.
O reduced costs through saved time.
O delayed corrective action.
O panic.

Answer 1

The potential impact of a project with risk responses but no contingency plan is delayed corrective action.

Step-by-step explanation:

The correct answer is option O delayed corrective action.

In a project with risk responses but no contingency plan, delayed corrective action is a potential impact. Without a contingency plan, when risks or issues arise, there is no predefined course of action, leading to delays in responding to and resolving the problems.

For example, let's say a construction project encounters unexpected weather delays. In a project with a contingency plan, the team would already have a plan in place to manage such delays and take corrective action to minimize their impact on the project timeline. However, in a project without a contingency plan, the team would need to spend time evaluating possible solutions and determining the best course of action, causing delays in correcting the issue.