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Crucial Exams

PMI Project Management Professional Practice Question

During the execution phase of a project, the project manager has identified a new risk that threatens to delay the project deliverables. What should be the project manager's next step after identifying and documenting the risk?

  • Wait until the risk becomes an issue before formulating a response.

  • Communicate the risk to all stakeholders to keep them informed.

  • Assess the impact and likelihood of the risk to prioritize it appropriately.

  • Develop mitigation strategies to address the identified risk.

PMI Project Management Professional
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