CAP · Question #100
Walter is the project manager of a large construction project. He'll be working with several vendors on the project. Vendors will be providing materials and labor for several parts of the project…
The correct answer is B. Project management plan. When a new risk is identified, assessed, and responded to - especially one originating from a vendor and affecting project execution - the Project Management Plan must be updated. The Project Management Plan is the master document governing how the project is executed…
Question
Walter is the project manager of a large construction project. He'll be working with several vendors on the project. Vendors will be providing materials and labor for several parts of the project. Some of the works in the project are very dangerous so Walter has implemented safety requirements for all of the vendors and his own project team. Stakeholders for the project have added new requirements, which have caused new risks in the project. A vendor has identified a new risk that could affect the project if it comes into fruition. Walter agrees with the vendor and has updated the risk register and created potential risk responses to mitigate the risk. What should Walter also update in this scenario considering the risk event?
Options
- AProject communications plan
- BProject management plan
- CProjectcontractual relationship with the vendor
- DProject scope statement
How the community answered
(25 responses)- A4% (1)
- B80% (20)
- C4% (1)
- D12% (3)
Explanation
When a new risk is identified, assessed, and responded to - especially one originating from a vendor and affecting project execution - the Project Management Plan must be updated. The Project Management Plan is the master document governing how the project is executed, monitored, and controlled; it includes all subsidiary plans (risk management plan, procurement plan, schedule, cost baseline, etc.). Adding a new risk and its responses changes how the project will be managed, which necessitates updating this plan. The Communications Plan would only need updating if how the risk is communicated changes. The contractual relationship would only change if the risk involves a scope or liability change requiring contract modification. The scope statement would only change if the project's deliverables change - not simply because a new risk was identified.
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