A project manager has finished the project charter for a project and has now moved into the planning phase. In the first planning meeting, the project manager is trying to determine the risk…

The correct answer is C. Project charter. The project charter is the first resource the project manager should reference to determine the risk tolerance and risk attitudes of the project's key stakeholders, as it contains information such as the project purpose, objectives, success criteria, high-level risks, and key…

Risk Strategy and Planning

Question

A project manager has finished the project charter for a project and has now moved into the planning phase. In the first planning meeting, the project manager is trying to determine the risk tolerance and risk attitudes of the project's key stakeholders. What is the first resource the project manager should reference?

Options

ABenefits management plan
BEnterprise environmental factors (EEFs)
CProject charter
DRequirements management plan

How the community answered

(54 responses)

A
4% (2)
B
17% (9)
C
72% (39)
D
7% (4)

Explanation

The project charter is the first resource the project manager should reference to determine the risk tolerance and risk attitudes of the project's key stakeholders, as it contains information such as the project purpose, objectives, success criteria, high-level risks, and key stakeholder list. The project charter is an output of the Develop Project Charter process, which is part of the Initiating process group. The project charter provides the project manager with the authority to apply organizational resources to project activities and establishes a partnership between the performing organization and the requesting organization.

Topics

#Project charter#Risk attitudes#Stakeholder engagement#Planning phase

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