PMP Certification Executing Questions Test 5

Question : 46 of 70

Marks: +1, -0

After a risk review, the project manager notes an increase in impact for one of the financial risks. What should the project manager do next?

Request extra funds from the sponsor to increase the risk contingency reserves
Reevaluate the risk exposure and verify that risk response actions are still effective
Communicate the change in risk exposure to the project team members
Change the risk trigger in the risk management plan and inform the risk owner

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