Q16
Single choice
A risk manager is tasked with establishing a risk management strategy for a multinational project with varying regulations and stakeholder priorities. The team is divided on how to approach risk management.
Some suggest implementing rigid procedures to ensure consistency across regions, while others advocate for a flexible approach to adapt to the dynamic nature of local risks. Meanwhile, the sponsor emphasizes the need for a strategy that aligns with the overall project objectives.
What should the risk manager do?