Original subtitles

Hi everyone and welcome to Part C of Session 5. In this section, we will

on resource adjustments and communication strategies during risk

Now that you have learned how to design and document response plans, let's

explore how to align team rules, timelines, and communication to make

plans work effectively.

part of the module focuses on two critical elements in executing risk

adjusting project resources, and maintaining clear communication.

We will look at how to realign tasks, team members, and timelines as risks

evolve, and we will explore how good communication helps keep everyone

and accountable.

Implementing a risk response often affects different parts of the project.

You might need to shift resources, increase the budget, or adjust the

If you don't reflect these changes in your project plan, misalignment can

happen. That's why schedule and cost baselines may need to be revised and any

updates should always go through the formal change control.

Projects need reserves to handle risks without going off track.

Contingency reserves are for known risks and are part of the baseline.

But management reserves are for unknown and held outside of the project

manager's control.

Both are used based on the approved triggers so the project stays aligned

expectation.

It is very important to know that even a solid risk response can fail without

clear communication.

Everyone involved needs to know what to do and when to act.

Communication keeps both internal and external teams aligned.

And another important point is that based on PMBOK, communication matters

planning to execution and does not only belong to the execution phase.

To manage risks effectively, PMBOK recommends using structured tools.

A risk response log helps track responsibilities and timing.

The racy matrix clarifies who is responsible, accountable, consulted, or

informed. And the communication plan outlines what information is shared with

whom and how often. Together, these tools keep everyone aligned and reduce

confusion during execution.

Linda was managing a major transportation upgrade when she

risk that would delay key components.

She acted quickly by assigning part of the work to an internal team,

reallocating the staff, and using the contingency reserve to cover added

At the same time, she focused on communication. She created a clear plan

stakeholders informed and used tools like the RACI chart and a communication

matrix to clarify rules and timing.

This helped the project stay on track, avoid further delays, and maintain trust

among all involved.

All right, please make sure to complete all the required readings before the

next session.

These materials will help you reinforce your understanding of risk response

strategies and prepare you for upcoming discussions.

Now that we have covered the key concepts in this part, here is what you

do for the next session.

Please complete your post for discussion board three by the assigned deadline.

Also, begin working on case study two and continue making progress on your

project.

We have now reached the end of part C in this session.

If you have any questions, please feel free to send me an email or post them on

the discussion board.

Thank you very much again for your attention, and I look forward to see you

the next session.