The project manager is reviewing a project's progress and notices that one of the risks has become an issue. What should the project manager do to address the situation?
A.
Initiate a change request to obtain additional funds from the management reserve
B.
Meet with the project team and customer to brainstorm about potential solutions
C.
Schedule a high-priority meeting with the project stakeholders to discuss the issue
D.
Collaborate with the relevant stakeholders on implementing the risk response plan
The correct answer is D. Collaborate with the relevant stakeholders on implementing the risk response plan.
Here's why:
When a risk materializes and becomes an issue, the predefined risk response plan (which was created during the risk management planning process) should be activated. The risk response plan provides specific strategies and actions to take if the risk occurs. This ensures that the project team is prepared and can address the issue in a structured and efficient manner.
The correct answer is D. Collaborate with the relevant stakeholders on implementing the risk response plan.
When a risk materializes and becomes an issue during the project, the project manager should focus on addressing the situation based on the risk response plan that was previously prepared. This plan outlines the actions to be taken if the risk occurs. The project manager should collaborate with the relevant stakeholders, including the project team and any other key individuals or groups involved, to put the risk response plan into action and mitigate the impact of the issue.
It's should be B. It's an issue already, why implement the risk response plan?
The idea is should keep transparency w the customer. Once an issue happens, the action should be to figure out the solution to fix it.
After thinking, I go with D.
Just relevant stakeholders, not customer (in general). And B says that brainstorming potential solutions. However, in this situation, risk already becomes an issue, so the project manager should have a solution first, then bring this solution to collaborate w relevant stakeholders to discuss and implement.
So D is the correct one.
I would go for B. When a risk becomes an issue it is too late to implement the risk response plan (I believe it should've been implemented by then). In this case, the team needs to get together and work out possible solutions. The only concern with 'B' is why would we engage the customer at this stage... I would rather try to sort the issue out internally.
Correct answer is D:
When a risk materializes and becomes an issue, it means that the planned risk response measures might not have been effective or sufficient. In such a situation, it is important for the project manager to engage with the relevant stakeholders to address the issue collectively. This collaboration ensures that different perspectives and expertise are brought together to find the best solution.
D is the answer the project team is ok ! but why the customer ? why would you bother the paying customer with this nonsense. its not their job to brainstorm .
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