PMP Questions ID 2574 during project execution a functional manager identifies a new internal risk about the outsourci

During project execution, a functional manager identifies a new internal risk about the outsourcing team. The functional manager asks the project manager for a fast solution that will not negatively impact the project. What should the project manager do?

Select one

Assess the risk in terms of severity of impact.

Implement the risk strategy.

Use the change management plan.

Develop a risk breakdown structure (RBS).

An experienced project manager resigns, and a new project manager joins the team. During the initial assessment of project documentation, the new project manager discovers that the risk register has not been updated for the past month. What should the project manager do first?

Select one

Consult the risk management plan to determine how often the risk register must be updated.

Hold a meeting to identify and prioritize risks so that the risk register can be updated.

Update the risk register and inform the team of the changes.

Meet with the project team to monitor risks, then update the risk register.

A project manager learns that the customer's resources have not completed the required training. Since customer resource training is a required project deliverable, this poses a risk to the timely completion of the project. What should the project manager do?

Select one

Adjust the project schedule to account for the training delay.

Engage with the project stakeholders to address the risk.

Update the risk register, and discuss it at the next project status meeting.

Assign additional post-implementation support to mitigate the risk.

A project manager is aware of two critical, high-impact risks that must be addressed immediately. However, the necessary resources to address the risks are already committed to another project with critical deliverables. What should the project manager do?

Select one

Assume the risks, and control them often to reduce potential impact.

Hire external resources to handle these tasks.

Establish a contingency reserve to solve the potential schedule delay and mitigate the possible impact.

Review the resources' availability with the functional manager, and negotiate rescheduling or task crashing.

A project manager is preparing the monthly project status report. Some new risks have been identified that could impact important key milestones. What should the project manager reference before presenting this new risk information?

New PMP Question & Answers with explanation