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Project Management Professional · PMI
Select one answer.
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PM should: Update the risk register (because this is a risk/opportunity) Exploit the opportunity by benefiting from the tax reduction
A potential delay from the supplier is a risk, but before choosing a risk response (accept, mitigate, transfer, etc.), the project manager must first understand the contractual obligations. This includes: Delivery commitments Penalties for late delivery Flexibility or clauses around holiday delays Remedies or escalation paths You cannot insist on delivery (option B) or decide to accept the risk (option D) before confirming what the contract legally allows. This aligns with PMP best practice: When a supplier reports a risk, the project manager's first step is to check the contract before determining the appropriate response. Only after reviewing the agreement can the PM determine whether to: Enforce the delivery date Negotiate adjustments Update the risk register Take mitigating actions
From PMI Infinity: C. Update the risk register and take advantage of the opportunity Rationale: The potential delay in the delivery of solar panels presents a risk, but it also offers an opportunity due to the tax reduction on renewable energy products starting in January. By updating the risk register to document this situation and considering strategies to take advantage of the tax benefit, the project manager can turn the delay into a cost-saving opportunity while managing the associated risks.