A project manager is overseeing a new initiative that involves developing a product using technologies that the team has not used before. Which general risk should the project manager be concerned about?
The risk of team members lacking experience with the new technologies
The risk of regulatory environment changes affecting the project
The risk of a major cybersecurity event impacting the project
The risk of infrastructure reaching its end-of-life during the project
New projects often introduce unfamiliar technologies or processes, leading to a lack of experience within the team. This increases the risk of inaccurate estimates, implementation challenges, and potential delays. Recognizing and addressing this risk helps ensure the project's success.
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What are some strategies to mitigate the risk of team members lacking experience with new technologies?
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What role do project managers play in identifying and managing project risks?