Project Management Professional (PMP) — Question 601
A project manager is leading a project when a major crisis suddenly causes an economic downturn, which may threaten the project outcome. What should the project manager do?
Answer options
- A. Update the project charter and benefits management plan with the current realities.
- B. Create a proposal suggesting that the project sponsor terminate the project.
- C. Reallocate some project resources to other assignments in the organization.
- D. Document the new risks in the project benefits management plan and risk management plan.
Correct answer: D
Explanation
The correct answer is D because documenting new risks is crucial for effective risk management and helps ensure that the project can adapt to the changing circumstances. Options A and C do not address the immediate need for risk assessment, while option B prematurely suggests terminating the project without exploring mitigation strategies.