The project sponsor asks the project manager about the accuracy of the project data. The project manager realizes that some risks have not been updated recently.
What should the project manager do regarding those risks?
The project sponsor asks the project manager about the accuracy of the project data. The project manager realizes that some risks have not been updated recently.
What should the project manager do regarding those risks?
When the project manager realizes that some risks have not been updated recently, the appropriate step is to review the risk register to check for new or outdated risks. The risk register is a project management tool used to document all identified risks, their analysis, and response plans. By reviewing it, the project manager ensures that the risks are up-to-date, understood, and properly managed. This approach directly addresses the concern of missing updates and ensures the accuracy of the project data.
A. Review the assumptions analysis When the project sponsor asks the project manager about the accuracy of the project data, the project manager should review the assumptions analysis to ensure that the project data is accurate and up-to-date. The assumptions analysis is a tool that helps to identify and document the assumptions that are being made about the project, including assumptions related to risks. If the project manager realizes that some risks have not been updated recently, it is important to review the assumptions analysis to ensure that the project data is accurate and up-to-date. This may involve revisiting the risk register to check for new risks, conducting a checklist analysis on each risk, or creating a risk response plan for those risks. By reviewing the assumptions analysis, the project manager can help to ensure that the project data is accurate and that risks are being managed effectively.
Risk register outdated. We need to review the Risk Register again. We can “assume” that there are not new assumptions or assumptions needed for validation. Assumption analysis is something that you do at the beginning of the project or when the assumptions change constantly. This does not address the concern about the outdated risk register.