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What should a PM do when a risk materializes?

Implement the planned risk response from the risk register. If no plan exists, assess the situation, develop a workaround, and submit a change request if needed.

What is a workaround in risk management?

A workaround is an unplanned response to a negative risk that was not previously identified or planned for. It requires a change request if it impacts the project baseline.

Predictive · PMP Scenario

When a Risk Materializes: The Correct PM Response

Scenario

A risk that was identified and documented in the risk register has just materialized. The risk response plan was developed during planning but the team is unsure whether to follow it exactly. What should the project manager do?

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