A project manager of an IT company is assigned to a project whose schedule may be delayed due to a lack of resources to conclude the backlog activities. The project manager decides to hire additional

Question

Options

• AImmediately hire as soon as the project begins to fall behind schedule.
• BHire as soon as the project metrics trigger a risk response.
• COnly hire when it is economically feasible to do so.
• DOnly hire if risk response is escalated and approved by the stakeholders.

• A
  8% (1)
• B
  77% (10)
• D
  15% (2)

Explanation

Effective risk management requires predefined triggers-specific measurable thresholds (metrics) established during risk planning that signal when a risk response should be activated. Hiring when metrics trigger the response ensures objectivity, timeliness, and alignment with the approved risk management plan. Hiring immediately when the project falls behind (A) is reactive and lacks the precision of trigger-based responses. Waiting only until it is economically feasible (C) subordinates schedule risk to cost considerations and may result in acting too late. Escalating for stakeholder approval each time (D) creates unnecessary delays and is reserved for risks outside the team's authority.

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