medium · Project Management Professional predictive
A massive unexpected flood has damaged the construction site at Redcedar Energy. This specific risk was not identified in the risk register. The project manager must access additional funds to resume work.
Which action is most appropriate?
- Use the project's contingency reserve to cover the repairs immediately.
- Explain to the stakeholders that since the risk wasn't identified, the project cannot proceed.
- Request a new bottom-up estimate for the entire project from the engineering team.
- Submit a change request to the sponsor to access the management reserve.
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