CompTIA Project+ (PK0-005)Project Life Cycle PhasesEasy
During the execution phase of a software development project, a critical team member unexpectedly resigns. This departure creates a significant risk to the project schedule and budget. Which of the following project documents should the project manager consult FIRST to understand the procedures for addressing such an event?
- ARisk Management Plan
- BStakeholder Register
- CWork Breakdown Structure (WBS)
- DProject Charter
Show answer & explanationAnswer & explanation
Correct answer: A. Risk Management Plan
The Risk Management Plan outlines how risks will be identified, analyzed, and responded to. The unexpected resignation of a critical team member is a project risk, and this plan would contain the procedures for handling such an event, including mitigation strategies or contingency plans.
Why the other options are wrong
- B. The Stakeholder Register lists project stakeholders and their interests, not procedures for managing project risks.
- C. The WBS decomposes project deliverables into smaller work packages, not risk management procedures.
- D. The Project Charter authorizes the project and provides high-level objectives, but not detailed risk response procedures.
Risk Management Plan
A component of the project management plan that describes how risk management activities will be structured and performed for the project.
- Defines how risks are identified, analyzed, and responded to.
- Includes roles and responsibilities for risk management.
- Outlines risk categories and probability/impact scales.
Memory trick: When risks arise, the plan guides your enterprise.