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ExamsPK0-004Questions#823
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PK0-004 · Question #823

PK0-004 Question #823: Real Exam Question with Answer & Explanation

The correct answer is B: Update the risk register and notify the risk owners.. Updating the risk register and notifying the risk owners (B) is the correct next step because the stakeholder change request has introduced a potential financial risk - a budget overrun. Until the change goes through the formal change control process and is approved, it represent

Question

The stakeholders for an active project requested a change that could potentially increase the projected budget. Which of the following should the project manager do NEXT?

Options

  • AUpdate the requirements document and notify the project team.
  • BUpdate the risk register and notify the risk owners.
  • CUpdate the incident response plan and notify the project sponsor.
  • DUpdate the issue log and discuss it with the stakeholders.

Explanation

Updating the risk register and notifying the risk owners (B) is the correct next step because the stakeholder change request has introduced a potential financial risk - a budget overrun. Until the change goes through the formal change control process and is approved, it represents a potential risk to the project's cost baseline that must be logged and tracked. The risk owners can then monitor and respond appropriately. Updating the requirements document (A) is premature before the change is approved. Updating an incident response plan (C) is not applicable here, as this is a proactive risk, not an active incident. Updating the issue log (D) would apply if the budget had already been impacted; here it is only a potential increase, making it a risk rather than a confirmed issue.

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