PMI Risk Management Professional (PMI-RMP) — Question 185

A key project is delayed and all contingency reserves have been used even though the project team has implemented all planned risk responses. What should the risk manager do next?

Answer options

• A. Review the effectiveness of the risk process.
• B. Update the risk management plan.
• C. Create a new project plan including the new risks.
• D. Escalate the project risks to upper management.

Correct answer: D

Explanation

The correct answer is D because escalating the project risks to upper management is essential when all contingency reserves are depleted and the project is delayed. This action ensures that higher management can provide additional support or resources. The other options involve internal assessments or updates that may not address the immediate need for intervention from upper management.