You work as a project manager for BlueWell Inc. Your project is running late and you must respond to the risk. Which risk response can you choose that will also cause you to update the human resource management plan?
A.
Transference
B.
Crashing the project
C.
Fast tracking the project
D.
Teaming agreements
Explanation:
Crashing the project adds labor and resources to the project and this decision will cause the need for an update to the human resource management plan.
Crashing is a schedule compression technique to obtain the greatest amount of compression for the least incremental cost. Crashing works for activities where additional resources will shorten the duration. Approving overtime, bringing in additional resources, paying to expedite delivery to activities on the critical path are examples of crashing.
Answer option C is incorrect. Fast tracking does not affect the human resource management plan, but it does affect the schedule management plan.
Answer option A is incorrect. Transference does not affect the human resource management plan. Answer option D is incorrect. Teaming agreements could affect the human resource management plan if you were joining project team to seize an opportunity, but teaming agreements are usually used with a positive risk event.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"