Project Management Professional (PMP) — Question 248

A project manager has been assigned a project to build a new solar farm that will provide clean energy to a new housing complex. The government has decided to reduce the tax on renewable energy products starting 1 January. The supplier has reached out and stated that the order placed for solar panels to be delivered on
20 December might be delayed until early January. On the other hand, the project will face similar constraints due to the December holidays.
What should the project manager do about this risk?

Answer options

• A. Review the supplier's contract to understand the terms of sale
• B. Insist that the supplier deliver the goods on the agreed date
• C. Update the risk register and take advantage of the opportunity
• D. Accept the risk and update the risk register

Correct answer: C

Explanation

The correct answer is C because updating the risk register and taking advantage of the opportunity allows the project manager to strategically align the project with the upcoming tax reduction, which could lead to cost savings. Options A and B do not address the opportunity presented by the risk, while D suggests simply accepting the risk without leveraging potential benefits.