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As the project manager in a software project which is currently initiated, you want to assess high-level risks. What should you do?

1-Develop the project charter and a risk management plan to start identifying risks based on those and other documents.2-Identify and analyze risk events using qualitative and quantitative techniques.3-Develop contingency plans and fall back plans in case the original plan proves wrong.4-Discuss the risks documented in your Risk register with the project key stakeholders.

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Question added by Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL
Date Posted: 2016/06/29
Krishna   KHASANIS  PMP
by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

Thanks for the invitation.

Option 1 is most appropriate.

It is Project Charter that determines high level risks along with high level constraints, cost, schedule etc.

Suitable answer is 1 disclosed by Mr  Mohammed Helal himself

Thanks for invitation

 

Usman Islam
by Usman Islam , Yard Manager , Kirtanlal Scaffolding & Formwork

Option A is the correct answer

Piotr Teteruk
by Piotr Teteruk , IT Project Manager Roche , Roche

Develop the project charter and a risk management plan to start identifying risks based on those and other documents. 

Mohamed Helal
by Mohamed Helal , Project Manager , GROUP CONSULT INTERNATIONAL

Option 1- is the most appropriate answer

sardar mardookhy
by sardar mardookhy , PMP certified Project manager , MCCI

1st Answer is my option,

Thanks for invite

Option (1) Develop the project charter and a risk management plan

Yaqoub Alomar
by Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

o Discuss the risks documented in your Risk register with the project key stakeholders.

VINAY KUMAR GOSWAMI
by VINAY KUMAR GOSWAMI , Partner , 2MI

Ans: Option-1

Option-2 : Nope. You have just initiated the project. So you do not have any detailed plan or estimates (Requirements, Costs, Schedule, activities etc) at this stage.

Option-3: Original plan is yet to be created.

Option-4: Creation of risk register is part of risk management plan (i.e. Option-1). Theoretically creation of risk register is the task of PM in project initiation stage.

Ksenija Kancelak
by Ksenija Kancelak , Construction Project Manager , City of Koprivnica, Koprivnica (Croatia)

2-Identify and analyze risk events using qualitative and quantitative techniques

Eng Ahmed Elsharkawy
by Eng Ahmed Elsharkawy , Civil Engineering Project Manager , Altwijry office

thanks for invition ,,,,,,,,,, my choice is option 1

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