A project manager is managing a large project. A stakeholder has just discovered a new risk that has not been identified in earlier stages.
What should the project manager do?
A project manager is managing a large project. A stakeholder has just discovered a new risk that has not been identified in earlier stages.
What should the project manager do?
When a new risk is identified in a project, it is critical to promptly document it in the risk register and reevaluate the entire risk register with the help of the project team and stakeholders. This ensures that the new risk is properly addressed and that the overall risk management plan remains up-to-date. Collaborating with the project team and stakeholders helps leverage collective expertise and insights, leading to a more comprehensive approach to risk management.
D. Add the risk to the risk register and reevaluate the register with help from the project team and stakeholders
First step to do would be B and then do D. The project manager could start by performing a risk analysis directly with the stakeholder who raised the risk, ensuring prompt action and addressing the immediate concern. Subsequently, the project manager could involve the project team and stakeholders in a more extensive reevaluation of the entire risk register to ensure a comprehensive assessment and management of all project risks.
If you add that risk to risk register first it will be visible to all stakeholders, in case if other stakeholder found out the same risk he will understand the risk is already registered and the team is already working on it. That's ans is D
Add the risk to the risk register and reevaluate the register with help from the project team and stakeholders
I don't think it's okay to perform risk analysis directly with just one stakeholder and not include other stakeholders. That might cause issues in the the long run. All stakeholders should be carried along.
D. After adding the new risk to the risk register, it is essential to reevaluate the entire register to ensure that the overall project risk assessment remains accurate and that appropriate risk response strategies are in place. This reevaluation should involve collaboration with the project team and stakeholders to leverage their expertise and insights, ensuring a comprehensive and effective approach to risk management.
Speak with the stakeholder to understand his concern is enough, then add to risk register and perform evaluation with team and stakeholders. B seems to be correct, however it emphasizes analyzing risk directly with the stakeholder. It's too much for the stakeholder and on the other side, not enough to analyze the risk when ignoring the participation of team and other stakeholders.
By process of elimination, D seem appropriate to me.
its a common knowledge that if a team-member discovered (Identified) a new risk and informed the PM. The PM should add it to the register and evaluate/asses the potential impact of the risk in collaboration with the team and related stakeholders. so in this case D is the right answer
D. Adding the risk to the risk register and reevaluating the register with help from the project team and stakeholders is the most appropriate action. This approach ensures that the risk is documented and allows for a thorough assessment of the risk, its potential impact, and appropriate mitigation strategies. By involving the project team and stakeholders, the project manager can leverage their collective knowledge and expertise to better understand and manage the risk.
D. Add the risk to the risk register and reevaluate the register with help from the project team and stakeholders
B is correct
I believe D is the most accurate in this scenario.
Ans will be "D"
D is correct
I prefer D as an answer. I don't need the specific stakeholder that found the risk to perform a risk analysis and add those points to the risk register. I can work with others if needed, with a team, or maybe the risk identified by the stakeholder is something that may need a technical team to take a better look... and maybe other points will come out...
I think is B, you have to analysis the risk, it doesn't matter who it comes from, you might gain insight from the stakeholder that identified the risk. See his perspective and then compare with yours. Collaborate.
D most fit
D is better because it record the risk to risk register first