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CompTIA PK0-005 Exam - Topic 4 Question 62 Discussion

While developing a project charter, a PM discovers that some of the legal requirements have not been addressed during the project concept preparation, which could result in significant financial penalties against the organization. The PM knows that implementation of appropriate changes is costly and will exceed the budget and scope of the project. Which of the following should the PM do FIRST?
D) Have a meeting with the project sponsor and main stakeholders.
A) Escalate the finding to the change control board.
B) Add a risk to the risk register for validation.
C) Consult the RACI matrix to identify ownership of the risk.

CompTIA PK0-005 Exam - Topic 4 Question 62 Discussion

Actual exam question for CompTIA's PK0-005 exam
Question #: 62
Topic #: 4
[All PK0-005 Questions]

While developing a project charter, a PM discovers that some of the legal requirements have not been addressed during the project concept preparation, which could result in significant financial penalties against the organization. The PM knows that implementation of appropriate changes is costly and will exceed the budget and scope of the project. Which of the following should the PM do FIRST?

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Suggested Answer: D

The project manager should have a meeting with the project sponsor and main stakeholders first after discovering that some of the legal requirements have not been addressed during the project concept preparation. The project sponsor and main stakeholders are the key decision-makers and influencers of the project. They have the authority and responsibility to approve or reject any changes to the project scope, budget, or schedule.Having a meeting with them can help to communicate the issue, assess the impact, explore alternatives, and seek guidance on how to proceed with the project34


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Kristian
3 days ago
But what about adding a risk to the register? It’s important to document it too.
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Yaeko
9 days ago
I agree, discussing with stakeholders is crucial to address the penalties.
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Daniel
14 days ago
I think the PM should have a meeting with the project sponsor first.
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Bulah
19 days ago
This is gonna blow the budget for sure, yikes!
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Sharen
24 days ago
Wait, how did they miss legal requirements in the first place?
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Laquita
29 days ago
Meeting with the sponsor is crucial to address this ASAP!
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Carissa
1 month ago
I think adding a risk to the register makes more sense initially.
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Carma
1 month ago
Definitely should escalate to the change control board first.
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Dannie
1 month ago
I practiced a similar question where meeting with stakeholders was emphasized as a priority, so I’m leaning towards that option.
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Willard
2 months ago
Consulting the RACI matrix could help clarify ownership, but I feel like I’d want to talk to the project sponsor first to get their input.
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Curt
2 months ago
I think adding a risk to the risk register is important, but it feels like there’s something more urgent that needs to be done first.
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Samira
2 months ago
I remember something about escalating issues to the change control board, but I’m not sure if that’s the first step here.
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