Q: As a project manager, you notice that a new government regulation may add additional tasks to the project. You bring your concern about the new regulation to the stakeholders for a discussion on how to lessen its impacts. What component of the planning phase does this situation represent?
or
Q: As a project manager, you become aware that the project would need more work due to a recent government legislation. You express your worries about the new rule with the stakeholders in order to have a conversation about how to mitigate its effects. Which stage of the planning process does this scenario correspond to?
- Risk management
- Budget
- Task management
- Schedule
Explanation: This circumstance exemplifies the risk management strategy that will be used during the planning phase. Being proactive and managing uncertainty are the two most important things to keep in mind while trying to determine the possible implications of a new government law and then discussing measures to lessen those effects. It’s the equivalent of looking for potential storms on the horizon of the project and getting the ship ready for calmer seas.