In response to emerging economic sanctions affecting critical project resources, what should the project manager principally focus on to maintain the project's objectives?
Evaluate and update the project scope to reflect the impact of the sanctions
Terminate the project immediately to avoid risks associated with the sanctions
Increase communication with stakeholders
Proceed with the project as planned to maintain the project schedule
In the face of emerging economic sanctions that can affect project resources, it is critical for the project manager to first assess the situation's impact on the project's scope, cost, and schedule to understand the full implications. This analysis allows for informed decisions and the development of appropriate risk responses to mitigate threats and adapt plans, ensuring the project can still strive to meet its goals under the new constraints. This aligns with standard processes for managing risks and responding to changes in the external business environment.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
What does 'evaluating and updating project scope' entail in project management?
Open an interactive chat with Bash
How do economic sanctions typically impact project resources?
Open an interactive chat with Bash
Why is maintaining communication with stakeholders alone insufficient in this situation?
Open an interactive chat with Bash
Project Management Professional
Business Environment
Your Score:
Report Issue
Bash, the Crucial Exams Chat Bot
AI Bot
Loading...
Loading...
Loading...
Pass with Confidence.
Project Management Package
You have hit the limits of our free tier, become a Premium Member today for unlimited access.
Military, Healthcare worker, Gov. employee or Teacher? See if you qualify for a Community Discount.
Monthly
$9.99
$9.99/mo
Billed monthly, Cancel any time.
3 Month Pass
$19.99
$6.66/mo
One time purchase of $19.99, Does not auto-renew.
BEST DEAL
Lifetime Pass
$29.99
One time purchase, Good for life.
What You Get
All Project Management Package plans include the following perks and exams .