A new corporate policy was approved that will positively affect the project.
Which of the following should the project manager do FIRST?
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A. B. C. D.B.
As a project manager, when a new corporate policy is approved that will positively affect the project, the FIRST thing to do is to review the impact of the policy on the project objectives and project plan. This will involve the following steps:
Review the Project Charter: The project manager should review the project charter to ensure that the new policy aligns with the project objectives and goals.
Identify the Changes: The project manager should identify how the new policy will impact the project. This includes identifying changes in project scope, schedule, budget, and resource requirements.
Analyze the Impact: The project manager should analyze the impact of the policy change on the project. This includes assessing the effect on project scope, schedule, budget, and risks.
Update the Project Plan: Based on the analysis, the project manager should update the project plan. This includes updating the project scope statement, project schedule, project budget, and project resource plan.
Communicate the Changes: The project manager should communicate the changes to the project team, stakeholders, and other relevant parties. This includes updating the communication plan and holding meetings to ensure everyone is aware of the changes.
Therefore, based on the above explanation, option B, "Review the communication plan" is the correct answer, as it will help ensure that the project team and stakeholders are aware of the impact of the new policy and how it will affect the project plan. Scheduling the change (Option A), updating the issue log (Option C), or updating the risk register (Option D) should only be done after the impact analysis has been completed and the project plan has been updated.