Project Management Professional (PMP) — Question 679
After finalizing a complex project, the project manager notices that multiple risks became issues during the execution phase. Unfortunately, the project manager was not prepared to deal with them as they were low probability and impact risks.
What should the project manager have done to avoid this situation?
Answer options
- A. Scheduled daily meetings with key stakeholders to assess project risks
- B. Hired a risk analyst to constantly monitor the project risks
- C. Classified all risks as high probability and impact
- D. Assessed and prioritized risks continuously along the project life cycle
Correct answer: D
Explanation
The correct answer, D, emphasizes the importance of ongoing risk assessment and prioritization, which helps in identifying and mitigating risks before they escalate into issues. Options A and B may improve communication and monitoring but do not ensure proactive risk management. Option C is incorrect as classifying all risks as high probability and impact would lead to mismanagement and unnecessary focus on non-critical risks.