CAP · Question #3
Ben is the project manager of the YHT Project for his company. Alice, one of his team members, is confused about when project risks will happen in the project. Which one of the following statements…
The correct answer is D. Project riskis always in the future. By definition, a risk is an uncertain future event - it has not yet occurred. Once an uncertain event occurs, it transitions from a 'risk' to an 'issue.' Therefore, project risk is always in the future (D). Option A ('any moment') incorrectly implies risks can be present or…
Question
Ben is the project manager of the YHT Project for his company. Alice, one of his team members, is confused about when project risks will happen in the project. Which one of the following statements is the most accurate about when project risk happens?
Options
- AProject risk can happen at any moment.
- BProject risk is uncertain, so no one can predict when the event will happen.
- CProject risk happens throughout the project execution.
- DProject riskis always in the future.
How the community answered
(23 responses)- A4% (1)
- C4% (1)
- D91% (21)
Explanation
By definition, a risk is an uncertain future event - it has not yet occurred. Once an uncertain event occurs, it transitions from a 'risk' to an 'issue.' Therefore, project risk is always in the future (D). Option A ('any moment') incorrectly implies risks can be present or past events. Option B is partially correct about uncertainty but does not capture the forward-looking nature of risk. Option C ('throughout execution') confuses the time risk is monitored with when the risk event itself exists, and also excludes planning and closing phases where risks are just as real.
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