Free PMI Project Management Professional (PMP) Practice Question

You are managing a software development project when you identify a risk that the integration of a third-party component might not be compatible with the existing system, potentially causing significant delays. According to best practices, what should be your FIRST step in managing this risk?

  • Communicate with stakeholders to prepare them for possible delays.

  • Bypass the third-party component integration to avoid potential delays.

  • Instruct the development team to start working on an alternative solution.

  • Conduct a qualitative risk analysis to assess the probability and impact of the integration issue.

This question's topic:
PMI Project Management Professional (PMP) / 
Waterfall
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