A risk that was identified and evaluated during the project planning phase has turned into an issue during execution. Which of the following best describes what should be done?

Question

Options

• ARegister the change request.
• BImplement the work-around.
• CExecute the contingency plan.
• DEscalate to stakeholders.

• A
  5% (1)
• B
  5% (1)
• C
  71% (15)
• D
  19% (4)

Explanation

A contingency plan is a pre-approved, documented response strategy created during risk planning for risks that are identified and assessed in advance. When such a risk materializes into an issue, the correct action is to execute the contingency plan - it was prepared precisely for this situation. A workaround is an unplanned response used for risks that were not previously identified. Registering a change request or escalating to stakeholders may be secondary steps, but the immediate action for a known risk becoming an issue is to trigger the planned contingency response.

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