PMP · Question #887
PMP Question #887: Real Exam Question with Answer & Explanation
The correct answer is D: Document the new risks in the project benefits management plan and risk management plan.. When a major external crisis threatens project outcomes, the project manager should immediately identify and document these new risks in the project's risk and benefits management plans.
Question
A project manager is leading a project when a major crisis suddenly causes an economic downturn, which may threaten the project outcome. What should the project manager do?
Options
- AUpdate the project charter and benefits management plan with the current realities.
- BCreate a proposal suggesting that the project sponsor terminate the project.
- CReallocate some project resources to other assignments in the organization.
- DDocument the new risks in the project benefits management plan and risk management plan.
Explanation
When a major external crisis threatens project outcomes, the project manager should immediately identify and document these new risks in the project's risk and benefits management plans.
Common mistakes.
- A. Updating the project charter is typically reserved for fundamental changes to project authorization or high-level objectives, which is usually a consequence of a major crisis, not the initial risk identification step.
- B. Proposing project termination as the first response is premature; a thorough risk assessment and impact analysis should precede such an extreme recommendation.
- C. Reallocating resources without first understanding the full impact of the crisis and reassessing project needs or viability is a reactive measure that could further jeopardize the project.
Concept tested. Risk identification and management
Reference. https://www.pmi.org/pmbok-guide-standards/foundational/pmbok/seventh-edition
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