A program manager for an electronic gaming manufacturer is managing a new virtual reality program. An international trade agreement in the final stages of renegotiation will reduce supply-chain costs and delivery intervals. A materials supplier informs the program manager that when this agreement is finalized, it will shorten the product's delivery time.
What should the program manager update first?
The program manager should first update the procurement management plan. The international trade agreement will directly impact supply-chain costs and delivery intervals. The procurement management plan outlines how procurement activities will be managed, including supplier contracts, delivery timelines, and cost considerations. By updating this plan, the program manager ensures that procurement strategies align with the new conditions, potentially improving efficiency and cost-effectiveness in the procurement process.
It is not happen yet. It is a positive risk. Not yet a benefit. Not B, so update the risk register. C
Can anyone from Exam-Topics consultants justify why the answer is B?
B is right, I asked my tutor, and he advised B.
my tutor advised B.
C. This is an oppotrunity
In the scenario where an international trade agreement is expected to reduce supply-chain costs and delivery intervals for an electronic gaming manufacturer's new virtual reality program, the first document the program manager should update is: A. Procurement management plan. The Procurement Management Plan would be directly impacted by changes in the trade agreement, as it affects supply-chain costs and delivery schedules. This plan outlines how procurement will be managed and includes considerations for supplier contracts, delivery timelines, and cost management. Updating this plan ensures that procurement strategies and activities are aligned with the new conditions set by the renegotiated trade agreement, allowing for potential improvements in efficiency and cost-effectiveness in the program’s procurement process.
I choose C