B.

The attendance list is evidence that risk review meetings were held with the appropriate project team members

The attendance list is important because it is evidence that risk review meetings were held with the appropriate project team members, as this is a requirement of the risk management plan. The risk management plan defines how risk management activities will be performed, recorded, and monitored throughout the project, and it also identifies the roles and responsibilities of the project team members and stakeholders in relation to risk management. The attendance list shows who participated in the risk review meetings, which are periodic meetings to review and update the risk register, the risk response plan, and the risk metrics. The attendance list also helps to ensure that the risk review meetings are effective and efficient, as it allows the project manager to follow up with the attendees on their assigned actions and to communicate the results of the meetings to the relevant stakeholders.

References:
PMBOK Guide, 6th edition, page 414: “The risk management plan is a component of the project management plan that describes how risk management activities will be structured and performed.”

PMBOK Guide, 6th edition, page 415: “The risk management plan should document the roles and responsibilities of individuals and groups for each risk management process, as well as their availability, competency, and authority levels.”

PMBOK Guide, 6th edition, page 443: “Risk review meetings are held periodically to review and update the risk register, the risk response plan, and the risk metrics. The frequency of these meetings is determined by the project manager and the project team based on the project needs and the level of risk exposure.”

PMBOK Guide, 6th edition, page 444: “The project manager should document the results of the risk review meetings and communicate them to the project team and other stakeholders as appropriate.”

D.

Take ownership of documenting this information

The project manager is responsible for ensuring that the project’s lessons learned are captured, documented, and stored in the lessons learned register. The lessons learned register is a project document that records the knowledge gained from the project activities and processes, and that can be used in the current project and entered into the lessons learned repository for future projects12. The project manager should take ownership of documenting the occurrence that the SME identified, as it is part of the project manager’s role to facilitate the lessons learned process and to encourage the project team and other stakeholders to share their experiences and feedback. The project manager should also verify the accuracy and completeness of the information, and ensure that it is relevant and useful for the project and the organization. The project manager should update the lessons learned register throughout the project, not only at the end, as this allows the project team to learn and improve continuously. This is part of the Manage Project Knowledge process, which aims to use existing knowledge and create new knowledge to achieve the project objectives and contribute to organizational learning13. The other options are not the best choices because they do not reflect the project manager’s accountability and leadership for the lessons learned process. Assigning the documenting task to a project team member (option A) may delegate the project manager’s responsibility and reduce the project manager’s involvement and oversight of the lessons learned process. Asking the SME to document and capture the occurrence (option B) may shift the burden to the SME and discourage the SME from sharing more information and insights. Requesting the SME to wait until the project closure phase (option C) may delay the documentation and dissemination of the valuable knowledge and prevent the project team from applying it in the current project.

D.

Implement a reward system aimed to keep the team engaged and motivated

Agile project management is a flexible and iterative approach to delivering value to customers and stakeholders. Agile projects are built around motivated individuals who collaborate and communicate effectively, deliver working products frequently, and respond to changing requirements and feedback1. Motivation is a key factor that influences the performance, satisfaction, and retention of agile team members2. According to the agile manifesto, one of the principles of agile project management is to "build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done"3. Therefore, the project manager should implement a reward system that aligns with the agile values and principles, and that recognizes and reinforces the team’s achievements, contributions, and behaviors. A reward system can include both intrinsic and extrinsic rewards, such as feedback, recognition, appreciation, autonomy, mastery, purpose, growth, learning, fun, collaboration, innovation, and compensation45. A reward system should be tailored to the needs, preferences, and goals of each team member, and should be fair, transparent, and consistent. A reward system should also be flexible and adaptable, and should be reviewed and improved regularly based on the team’s feedback and performance. 

References:
What Is Agile Project Management? | A Comprehensive Guide
Motivation and Drive in Agile Teams - InfoQ
Manifesto for Agile Software Development
Motivation - the Agile Way! - Mind Tools
How can Agile leaders create and motivate effective teams?
[Rewarding Agile Teams, What are the options?]

C.

Assess the required training per team member.

According to the PMBOK Guide, the project manager should assess the required training per team member as part of the plan resource management process. This process involves identifying and documenting the project roles, responsibilities, skills, and competencies, as well as the training needs of the project team members. The project manager should also consider the project life cycle approach, whether it is predictive, adaptive, or hybrid, and the implications for the team’s knowledge and skills. The project manager should not coach, change, or deliver training to the team members without first assessing their training needs and gaps, as this may not be effective or efficient. References: PMBOK Guide, 7th edition, pages 307-308, 311-312.

A.

Check the risk register for a prepared response to a resource being suddenly unavailable.

B.

Check if the team member's activities are sufficiently documented to facilitate handover

Checking the risk register for a prepared response to a resource being suddenly unavailable is a proactive action that the project manager should take to deal with the situation. The risk register is a document that records the identified risks, their causes, impacts, probabilities, and responses. By consulting the risk register, the project manager can see if there is a contingency plan or a fallback plan for the loss of a key resource, and implement it accordingly. Checking if the team member’s activities are sufficiently documented to facilitate handover is another important action that the project manager should take to ensure the continuity and quality of the project work. The team member’s activities may include tasks, deliverables, dependencies, assumptions, constraints, and other information that are relevant to the project scope, schedule, and cost. By reviewing the documentation, the project manager can identify the gaps, risks, and issues that may arise from the absence of the team member, and take appropriate measures to address them.

References: (Professional in Business Analysis Reference Materials source and documents)

• PMBOK Guide, Seventh Edition, Section 11.4.3, “Risk Register”
• PMBOK Guide, Seventh Edition, Section 4.3.3, “Project Management Plan”
• Professional in Business Analysis (PMI-PBA) Guide, Section 4.2.2, “Documentation”

C.

Evaluate the change request against the project scope statement

A change request is a formal document that proposes a modification to some aspect of the project, such as the user requirements, the deliverables, the schedule, the budget, or the quality standards123. Change requests can originate from various sources, such as the stakeholders, the project team, the customer, or the environment12. Change requests need to be evaluated and approved before they can be implemented, as they may have significant impacts on the project performance, scope, cost, time, quality, and risk123.

The project scope statement is a document that defines and documents the project objectives, deliverables, requirements, assumptions, constraints, and acceptance criteria12. The project scope statement is the basis for making project decisions and controlling changes12. Therefore, the project manager should evaluate the change request against the project scope statement to determine if the change is necessary, feasible, and beneficial for the project123. The project manager should also consider the impact of the change on the other project components, such as the schedule, the budget, the quality, and the risk123.

The other options are not the best actions for the project manager to take next. Discussing approval of the change request in the next project meeting (A) may delay the decision-making process and cause confusion among the project team and stakeholders. Performing a risk assessment on the required change request (B) is an important step, but it should be done after evaluating the change request against the project scope statement, as the risk assessment may depend on the scope implications of the change. Asking the sponsor for more funds to cover the change request (D) is not appropriate, as the project manager should first determine if the change is justified and aligned with the project scope statement, and then explore alternative ways to accommodate the change within the existing budget or negotiate a trade-off with the sponsor. References: 123

A.

Alternatives analysis

C.

Cost-benefit analysis

The project manager can use alternatives analysis and cost-benefit analysis to influence the client’s decision to keep the project active. These are two tools or techniques that can help the project manager present different options and their implications to the client, and demonstrate the value and feasibility of the project.

Alternatives analysis is a technique that involves generating, comparing, and evaluating different possible courses of action in order to select the best one1. The project manager can use this technique to show the client the pros and cons of continuing or closing the project, and the impact of each option on the project objectives, scope, schedule, cost, quality, risk, and stakeholder satisfaction. The project manager can also propose alternative solutions or approaches that can address the client’s concerns or issues, and explain how they can be implemented.

Cost-benefit analysis is a technique that involves comparing the expected costs and benefits of a project or an option to determine its economic viability and attractiveness2. The project manager can use this technique to show the client the return on investment (ROI) of the project, and how the benefits outweigh the costs. The project manager can also quantify the costs and benefits of different alternatives, and compare them to the baseline or the status quo. The project manager can also highlight the intangible or qualitative benefits of the project, such as customer satisfaction, reputation, social impact, or strategic alignment.

By using these two tools or techniques, the project manager can influence the client’s decision to keep the project active by providing factual and rational information, appealing to the client’s interests and values, and offering choices and flexibility.

References: 1: Alternatives Analysis - Project Management Knowledge 2: Cost Benefit Analysis - Project Management Knowledge

A.

Perform a risk assessment and define a risk response action plan.

According to the PMBOK Guide, 6th edition, section 11.4, one of the tools and techniques for performing qualitative risk analysis is risk categorization. This involves grouping potential risks by common root causes or other criteria, such as project phases, sources, or effects. The project manager should use this technique to identify the most significant risks that are affecting the project performance, and prioritize them for further analysis or action. The project manager should then develop appropriate risk responses to mitigate or avoid the negative impacts of the risks, or exploit or enhance the positive impacts of the opportunities. The project manager should also update the risk register and other project documents accordingly. The other options are not the first steps to take, as they do not address the root causes of the risks, and may not be feasible or effective in the given situation. References: PMBOK Guide, 6th edition, section 11.4; PMP Practice Exam, question 94.