A risk was identified at the beginning of a project, and a response plan was established. Unforeseen consequences resulted in a higher level of risk. The project manager has an idea that could address the new risk in an efficient way, but the response is different from the original risk mitigation plan.
What should the project manager do?
The project manager should obtain management approval prior to implementing the new risk response. This ensures that any changes align with the project's objectives and that key decision-makers are aware of and support the proposed action to address the risk.
The original risk response plan may render obsolete or may not be ideal way to response to the risk resulted on the high level of risk. The Project Manager has proposed an alternative solution and in an efficient way. Therefore, first (answer A) need to submit the new response plan for review, and then second (answer B) get approval prior to implement the new risk response plan and then third (answer C) implement the new response to address the risk. You can rule out D. Therefore the correct answer is A being what the PM need to do first.
B is the right answer. Obtaining management approval prior to implementing the new risk response ensures that the change is in line with the project's overall objectives and that key decision-makers are aware of and support the proposed change.
I think changing answer to A. as a PM, you should involve stakeholders first and tell them about the new strategy and let them review before getting approval