A fire occurred in the production facility over the weekend, affecting the machinery being used to produce a deliverable. No injuries were reported. Which of the following is MOST appropriate for…

Question

Options

• ARefer to the contingency plan
• BConduct an immediate emergency team meeting
• CPerform a SWOT analysis
• DImplement the risk response plan

• A
  70% (21)
• B
  17% (5)
• C
  3% (1)
• D
  10% (3)

Explanation

When a risk event actually occurs, the project manager should refer to the contingency plan - the pre-defined, documented set of actions prepared specifically for when an identified risk materializes. A contingency plan is developed during risk planning and outlines the exact steps to take when a specific trigger event (like a fire damaging equipment) happens. It is the immediate go-to document because it avoids ad-hoc decision-making under pressure. Option B (emergency team meeting) may follow, but the first step is consulting the plan. Option C (SWOT analysis) is a planning tool, not a response tool. Option D (risk response plan) is the broader pre-mitigation strategy document; the contingency plan is the specific reactive subset of that plan activated by a trigger event.

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