PK0-003 · Question #58
An organization has developed a project that will be taking place in a volatile climate. Which of the following aspects of the project plan will be affected, and what action should the project manager
The correct answer is C. Risk management; create a risk matrix. The question asks how a volatile climate impacts a project and the appropriate project manager action.
Question
An organization has developed a project that will be taking place in a volatile climate. Which of the following aspects of the project plan will be affected, and what action should the project manager take?
Options
- AScope management; complete a communications plan
- BCost management; prepare a budget analysis
- CRisk management; create a risk matrix
- DWork performance information; implement a WBS
How the community answered
(34 responses)- A3% (1)
- B9% (3)
- C85% (29)
- D3% (1)
Why each option
The question asks how a volatile climate impacts a project and the appropriate project manager action.
While communication is important, 'volatile climate' directly impacts risks, not primarily scope management, and a communications plan is a general project activity, not a direct response to volatility itself in the context of scope.
A volatile climate can indirectly affect cost, but it primarily introduces risks. A budget analysis is part of cost management, but 'risk management' and a 'risk matrix' are a more direct and fundamental response to volatility.
A volatile climate introduces significant uncertainties and potential negative events, which are categorized as project risks. Therefore, risk management will be heavily affected, and a project manager should create a risk matrix to identify, assess, and plan responses for these potential risks.
Work performance information is an output of project execution, not a planning aspect affected by climate volatility. Implementing a Work Breakdown Structure (WBS) is a tool for scope definition, not a direct action for managing climate volatility.
Concept tested: Impact of external factors on project management areas
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