Q: Suppose as a project manager, you notice that a new government regulation may add additional tasks to the project. You bring your concern about this new regulation to the stakeholders for a discussion on how to mitigate its impacts. What component of the planning phase does this situation represent?
or
Q: As a project manager, let’s say you become aware that the project would need more work due to a recent government legislation. You address the stakeholders about your concerns about this new rule in order to have a conversation about how to lessen its effects. Which stage of the planning process does this scenario correspond to?
- Schedule
- Budget
- Task management
- Risk management
Explanation: Oh, that’s a great example of tried-and-true risk management in operation. When unanticipated elements emerge, such as newly implemented government rules, it is necessary to convene the relevant parties and have a good old-fashioned conversation about how to proceed in these unknown seas. Being proactive and adjusting one’s course to account for the shifting winds of change is essential.