A company that is introducing a new product into the market by the end of the year requires a storage and distribution facility to be built. During the monthly stakeholder meeting, it is discovered…

Discovering that the chosen location is government-owned introduces a new uncertainty or potential problem for the project. Before taking any other action, this situation must be formally identified, assessed for its probability and impact, and documented in the risk register as a new risk.

The issue log is for problems that have already occurred or are actively happening; at this stage, the government ownership is a potential problem (risk), not a confirmed issue disrupting the project.

Identifying an alternative site is a potential response to the risk, but it should only be pursued after the risk has been properly identified, analyzed, and documented, to ensure the response is appropriate.

Issuing a change request is a formal process to modify project baselines and requires a clear understanding of the proposed change and its implications, which comes after risk assessment and response planning.