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PMP - Resource Allocation - Resource Calendar
Intermediate
1/17
During the execution phase of your project, while conducting regular risk monitoring, you discover that a high-impact risk previously identified is now significantly less likely to occur due to recent regulatory changes in the industry. This risk had considerable resources allocated for its mitigation. Given this new information, what is the best course of action?
a.
Remove the risk from the risk register and proceed as if the risk never existed.
b.
Continue to allocate the same resources to the risk and focus on other project priorities since the risk is less likely now.
c.
Update the risk register and reallocate resources based on the updated risk assessment.
d.
Inform stakeholders that risk management efforts are no longer necessary for this risk.
Intermediate