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CAP · Question #158

Elizabeth is a project manager for her organization and she finds risk management to be very difficult for her to manage. She asks you, a lead project manager, at what stage in the project will risk…

The correct answer is A. Risk management only becomes easier the more often it is practiced. Risk management becomes easier the more it is practiced because experience builds familiarity with risk patterns, organizational risk tolerance, and effective response techniques.

Security and Privacy Governance, Risk Management, and Compliance Program

Question

Elizabeth is a project manager for her organization and she finds risk management to be very difficult for her to manage. She asks you, a lead project manager, at what stage in the project will risk management become easier. What answer best resolves the difficulty of risk management practices and the effort required?

Options

  • ARisk management only becomes easier the more often it is practiced.
  • BRisk management is an iterative process and never becomes easier.
  • CRisk management only becomes easier when the project moves into project execution.
  • DRisk management only becomes easier when the project is closed.

How the community answered

(28 responses)
  • A
    86% (24)
  • B
    4% (1)
  • C
    4% (1)
  • D
    7% (2)

Why each option

Risk management becomes easier the more it is practiced because experience builds familiarity with risk patterns, organizational risk tolerance, and effective response techniques.

ARisk management only becomes easier the more often it is practiced.Correct

Like any project management discipline, proficiency in risk management improves through repeated application across multiple projects. With experience, a project manager develops a richer mental model of common risk categories, refined estimation skills, and a personal toolkit of response strategies, all of which reduce the cognitive effort and uncertainty involved in risk analysis and planning.

BRisk management is an iterative process and never becomes easier.

While risk management is iterative, saying it never becomes easier contradicts the well-established principle that repeated practice of complex cognitive tasks builds expertise and reduces effort over time.

CRisk management only becomes easier when the project moves into project execution.

Project execution is not a turning point where risk management becomes easier; new and unforeseen risks can emerge during execution, often increasing complexity rather than reducing it.

DRisk management only becomes easier when the project is closed.

By project closure, active risk management has largely concluded; this point does not describe when or why risk management becomes more manageable during live project work.

Concept tested: Risk management proficiency through repeated practice

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#Risk management#Continuous improvement#Experience#Project management

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