A project team has just completed a project plan, which includes extra days for most of the critical activities to cover any possible issues. Stakeholders want to remove these additional days, because

The correct answer is B. Review the risk response plan.. The extra days added to critical activities are almost certainly risk contingency reserves tied to specific identified risks in the risk response plan. Before any schedule change is made, the risk manager must review the risk response plan to understand which risks those buffers

Risk Process Facilitation

Question

A project team has just completed a project plan, which includes extra days for most of the critical activities to cover any possible issues. Stakeholders want to remove these additional days, because the end date is longer than expected. What should the risk manager do first?

Options

ARemove the activity padding.
BReview the risk response plan.
CUpdate the risk contingency plan.
DUpdate the schedule constraints.

How the community answered

(39 responses)

A
3% (1)
B
72% (28)
C
18% (7)
D
8% (3)

Explanation

The extra days added to critical activities are almost certainly risk contingency reserves tied to specific identified risks in the risk response plan. Before any schedule change is made, the risk manager must review the risk response plan to understand which risks those buffers cover and what the exposure will be if they are removed. Removing padding without this review (A) could leave critical risks uncovered. Updating the contingency plan (C) or schedule constraints (D) are downstream actions that can only be done responsibly after reviewing what the padding is protecting against. The review step is mandatory first.

Topics

#Schedule contingency#Risk response review#Stakeholder concerns#Risk process management

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