Question: The project requires the development of a human resource system (HRS) to centrally manage human resources and payroll. The project sponsor is a multinational company.

The project requires the development of a human resource system (HRS) to centrally manage human resources and payroll. The project sponsor is a multinational company. The Project Manager reviews historical data on the company's human resources practices and considers the regulatory framework of the project. However, there are concerns about project risks. What should the Project Manager do in response to these concerns? SELECT THE CORRECT ANSWER Log high-level project risks Calculate and quantify project risks Formulate a risk mitigation plan Engage in regular risk reviews

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