A project team is leading a software development project.

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A project team is leading a software development project. During the project kickoff meeting, the risk manager discovers that a vendor has not finalized the timeline for delivering an essential component. This creates uncertainty in the overall project schedule.

What should the risk manager do to address the risk?

Hold a meeting to assess the risk's impact and create a response plan with alternative timelines.

Adjust the overall project schedule based on assumptions about the vendor's timeline.

Defer the risk discussion until the vendor finalizes the timeline to prioritize the project's start.

Focus on internal risks and assume the vendor will resolve the issue independently.

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Vendor: PMI
Product: PMI-RMP
Update on: Jul 25, 2025
Questions: 264

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A project team is leading a software development project.

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