Certified Associate in Project Management (CAPM) — Question 356
A project manager is working in an environment where requirements are not very clear and may change during the project. In addition, the project has several stakeholders and is technically complex.
Which strategies should the project manager take into account for risk management in this environment?
Answer options
- A. Occasionally identify, evaluate, and classify risks
- B. Review requirements and cross-functional project teams
- C. Include contingency reserves and update the project management plan frequently
- D. Frequently review incremental work products and update the requirements for proper prioritization
Correct answer: D
Explanation
The correct answer, D, emphasizes the importance of continuously reviewing and refining work products and requirements to adapt to changes in a complex environment. Options A and B are less proactive, while C, although useful, does not focus on the iterative nature of managing risks in a dynamic project context.