Question from Mock Exam 7 – Question 91 (TIA PMP Simulator)

Scenario:

Right at the outset of a technology upgrade project, it's discovered that a key software component will no longer be updated by the vendor. Anticipating such a scenario, the project manager had set aside emergency funds.

Question: What course of action should the project manager undertake?

Use the emergency funds to immediately replace the outdated software component
Conduct an impact assessment to evaluate how the outdated component affects the project’s goals and deliverables ✅ (Marked as correct)
Request additional funding from stakeholders to cover the replacement and mitigate potential delays
Continue with the existing software component while monitoring for potential risks associated with its obsolescence

🧠 My confusion:

The question states that the PM anticipated such a scenario and set aside emergency funds — which implies the risk was:

Identified
Analyzed
Had a contingency reserve (funds) planned specifically for this

From a PMI perspective, once a known risk occurs and a response is planned, the PM should execute the response, not re-analyze it again. In this case, the response is already funded.

While I understand the explanation says an impact assessment helps ensure alignment with goals, wouldn't that be part of the original risk analysis done during planning? Repeating the assessment now could delay the project or undermine the value of proactive risk management.

💬 What do others think?Shouldn't the PM follow through with the planned risk response, since the question directly connects the emergency funds to the anticipated scenario?

Curious to hear from anyone who’s passed the PMP or has insight into how PMI wants us to approach this type of situation.

Thanks in advance!

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