CompTIA Project+ (PK0-005)Project Life Cycle PhasesMedium
A project manager is overseeing a software development project. During the execution phase, a critical team member unexpectedly resigns. This event was identified as a potential risk during planning, and a mitigation strategy was documented. What project management process should the project manager initiate?
- ADirect and Manage Project Work
- BPerform Integrated Change Control
- CMonitor Risks
- DControl Resources
Show answer & explanationAnswer & explanation
Correct answer: C. Monitor Risks
When an identified risk occurs, the 'Monitor Risks' process involves implementing the planned risk responses and tracking identified risks. This process includes assessing the effectiveness of risk responses and identifying any new risks.
Why the other options are wrong
- A. Direct and Manage Project Work is the overall process of executing the project plan, but 'Monitor Risks' is the specific process for this scenario.
- B. Integrated Change Control is for managing changes to baselines, not for executing pre-planned risk responses.
- D. Control Resources focuses on managing physical resources, not responding to human resource risks directly.
Monitor Risks
The process of monitoring the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating risk process effectiveness throughout the project lifecycle.
- Occurs during the Execution and Monitoring & Control phases.
- Ensures risk responses are effective.
- Identifies new risks and re-evaluates existing ones.
Memory trick: When a 'known unknown' risk appears, you 'watch' it and 'act' on your plan.