While preparing the Risk Management Strategy, the Project Manager considered the commercial customer/supplier environment and how this may affect the management of risk. Which approach should the Outsourcing project adopt?
While preparing the Risk Management Strategy, the Project Manager considered the commercial customer/supplier environment and how this may affect the management of risk. Which approach should the Outsourcing project adopt?
In an outsourcing project, leveraging the selected service provider's risk management procedures is often the most effective approach. This is because the service provider typically has relevant experience, established processes, and expertise in managing risks associated with their services. Utilizing their procedures allows for more effective identification, assessment, and mitigation of risks, ensuring that management efforts are appropriately aligned with the specifics of the outsourced services.
Refer 10.3.6 Commercial Consideration In a commercial context there may be a need for more than one risk register as some project risks could be unique to only one party, with good reasons for them not to be visible to the other party.
Also think it is "C"
A. Plan to use the selected service provider's risk management procedures. In an outsourcing project, it is common to leverage the risk management procedures and expertise of the selected service provider. This approach can be beneficial because the service provider often has experience and established processes for managing risks associated with the services they provide. By planning to use the service provider's risk management procedures, you can tap into their knowledge and resources to identify, assess, and mitigate risks effectively. It also ensures that the risk management efforts are aligned with the specifics of the outsourced services.