A newly assigned risk manager realizes that a project has unrealistic funding and low resources. Which document should the risk manager review?

The correct answer is C. Project assumptions. Unrealistic funding and low resource allocation are typically rooted in the assumptions that were made during project planning. Project assumptions document the conditions believed to be true at the time of planning (e.g., budget availability, resource availability) but which may

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Question

Options

ARisk assessment criteria
BProject management plan
CProject assumptions
DRisk management plan

How the community answered

(48 responses)

A
6% (3)
B
4% (2)
C
77% (37)
D
13% (6)

Explanation

Unrealistic funding and low resource allocation are typically rooted in the assumptions that were made during project planning. Project assumptions document the conditions believed to be true at the time of planning (e.g., budget availability, resource availability) but which may not reflect reality. Reviewing the project assumptions helps the risk manager identify which assumptions are incorrect or overly optimistic and are therefore driving the funding and resource risk. The risk management plan and assessment criteria address how risk is handled, not the root cause of planning-level problems like unrealistic budgets.

Topics

#Project assumptions#Risk identification#Project constraints#Resource management

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