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A project is experiencing delays due to identified risks What should the project manager do to manage the project schedule?
Correct Answer: A
When a project is experiencing delays due to identified risks, the project manager should revise the project schedule and inform the stakeholders regarding any delays1. This approach ensures transparency and allows stakeholders to adjust their expectations accordingly. It's also important to analyze the scope that is at risk and divide it into smaller, tangible parts. Setting a very short daily meeting or call with the key leaders of the delivery team to closely monitor progress can also help manage the project schedule effectively1. References: = Dealing with delays - Project Management Institute
Recent Comments (The most recent comments are at the top.)
N.K - Nov 20, 2024
Option D (Review the contingency reserve) is correct because the contingency reserve is specifically allocated to address delays caused by identified risks. It can be utilized without requiring change control board approval, as it is part of the project's risk management plan and adheres to established processes.
Recent Comments (The most recent comments are at the top.)
Option D (Review the contingency reserve) is correct because the contingency reserve is specifically allocated to address delays caused by identified risks. It can be utilized without requiring change control board approval, as it is part of the project's risk management plan and adheres to established processes.