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Public Service Entrance Exam (PSEE) · Question

A project manager identifies a significant risk that could derail a project. What is the most effective initial step?

Before taking any action, it's crucial to understand the nature and severity of the risk. Assessing likelihood and impact helps in prioritizing and planning app

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Question: A project manager identifies a significant risk that could derail a project. What is the most effective initial step?

Answer options:

  • Ignore it, hoping it won't materialize.
  • Immediately escalate it to the highest authority. ✅ Assess its likelihood and potential impact.
  • Assign it to a junior team member to resolve.

Correct answer: Assess its likelihood and potential impact.

Explanation: Before taking any action, it's crucial to understand the nature and severity of the risk. Assessing likelihood and impact helps in prioritizing and planning appropriate responses.

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