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Which 2 statements should be recorded under the Timing …

Scenario
A photographer from Portraits Ltd, a professional photographic company, has taken on the role of Team
Manager after taking some time to understand the requirements of the project. A contract for their services has
been set up and is being monitored by the Purchasing Manager and a Work Package has been agreed. This
contract specifies that the photographer must arrange a meeting with the Engineering Manager to establish a
schedule for the photo sessions to minimize the impact on the Engineering staff. This meeting should have
occurred by now.
The Engineering Manager was made aware of this requirement but when asked he reported that he has
received no communication from the photographer. The Project Manager has tried to call the photographer and
has had no response. The Project Manager believes there is a risk that Portraits Ltd are overbooking work and
prioritizing other clients’ work. If Portraits ltd do not deliver on schedule the project will be delayed and the
expected benefits will be reduced.
The contract is to be reviewed and Portraits Ltd reminded of their agreement.
The project is now in stage 2. The Project Manager has heard about the possibility of a competitor also
producing a calendar to be delivered earlier than the target date for this project. There is a threat that the early
release of a competitor’s calendar may weaken the impact of the MNO Manufacturing Company calendar,
thereby reducing the anticipated benefits of the Calendar project.
Which 2 statements should be recorded under the Timing of risk management activities heading?

PrepAway - Latest Free Exam Questions & Answers

A.
During stage 4, the selected service provider will manage any risks to their Business Case and report these
to the Project Manager on a weekly basis.

B.
The Project Board should hold monthly meetings to review project progress.

C.
When closing a project, the follow-on action recommendations should be updated with any risks relating to
the realization of benefits after the outsourced services go live.

D.
Any new risks identified during product development should be reported to the Project Manager by the
Team Manager when delivering the completed Work Package.

E.
When authorizing a stage, the Project Board will check that the exposure to risk is still acceptable.


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