During a complex project, the project manager facilitates workshops where team members, sponsors, and key users collaboratively identify and assess potential risks. This approach ensures diverse perspectives are considered and fosters collective ownership of the risk responses. What core project management practice is being demonstrated?
The correct answer is Stakeholder Engagement. This practice involves actively involving all parties who have an interest in the project to leverage their insights and gain their support. In the scenario, the project manager is engaging stakeholders (team, sponsors, users) in the risk management process to improve risk identification and foster ownership, which is a key aspect of effective stakeholder engagement. Quantitative Risk Analysis is incorrect because the scenario describes the identification and assessment of risks, not necessarily their numerical analysis. Risk Appetite Definition is the process of determining the level of risk an organization is willing to accept, which is different from the collaborative risk identification process shown. Project Scoping involves defining the project's boundaries and deliverables, which is a separate activity.
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