What type of risk is Variability risk?

The correct answer is D. Integrated risk. NOTE: The given answer of D (Integrated risk) conflicts with standard PMI/PMBOK 6th Edition guidance. Per PMI, risks are broadly categorized as event risks (something may or may not happen) and non-event risks. Variability risk - which reflects uncertainty about the possible…

Project Management Fundamentals and Core Concepts

Question

What type of risk is Variability risk?

Options

AEmerging risk
BNon-event risk
CAmbiguity risk
DIntegrated risk

How the community answered

(55 responses)

A
2% (1)
B
5% (3)
C
2% (1)
D
91% (50)

Explanation

NOTE: The given answer of D (Integrated risk) conflicts with standard PMI/PMBOK 6th Edition guidance. Per PMI, risks are broadly categorized as event risks (something may or may not happen) and non-event risks. Variability risk - which reflects uncertainty about the possible range of values for a known variable (e.g., productivity rate, material cost) - is classified as a Non-event risk (choice B), alongside Ambiguity risk. 'Integrated risk' is not a standard PMI risk category. If this question appears on a proprietary exam, verify the source material, as the PMI-standard answer is B (Non-event risk).

Topics

#Risk Management#Types of Risk#Variability Risk#Overall Project Risk

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