Well-structured risk management process

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Reference no: EM133822900

Question

A risk manager has a well-structured risk management process in place for a complex project with a tight schedule. Dospite implomonting proventive actions, one of the risks identified in tho early stages of the project has still occurred and is now an issue. What should the risk manager do next?

- Initiate discussions with the project manager to decide how to manage the problem.

- Escalate the problem to the project sponsor to agree on the best course of action.

- Implement the risk response plan to remedy the problem as soon as possible.

- Meet with the project team to brainstorm potential solutions to the problem.

Reference no: EM133822900

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