True or False: Existing systems can be included in your risk management plan.
Correct Answer: A
Existing systems can indeed be included in a risk management plan. In the context of Project Portfolio Management (PPM), it's crucial to consider the risks associated with current systems as they can impact the portfolio's overall performance and the achievement of strategic objectives. The risk management process involves identifying, assessing, and managing risks to minimize their negative impact on the portfolio. This includes risks related to existing systems, which may be subject to obsolescence, integration issues, or other operational challenges that could jeopardize project success.
References:
* PPM 101 - Portfolio Risk Management | Acuity PPM1
* Risk Management - configuration considerations in PPM - LinkedIn2