CBAP · Question #141
Which of the following is the process of identifying and assessing factors that may jeopardize the success of a project or the achievement of a goal?
The correct answer is A. Risk analysis. Risk analysis is the process of both identifying and assessing factors that could threaten a project or goal, combining discovery with evaluation of likelihood and impact.
Question
Which of the following is the process of identifying and assessing factors that may jeopardize the success of a project or the achievement of a goal?
Options
- ARisk analysis
- BRisk identification
- CRisk retention
- DRisk communication
How the community answered
(56 responses)- A71% (40)
- B14% (8)
- C11% (6)
- D4% (2)
Why each option
Risk analysis is the process of both identifying and assessing factors that could threaten a project or goal, combining discovery with evaluation of likelihood and impact.
Risk analysis encompasses the full process of identifying potential threats and evaluating their probability and impact on project success. It goes beyond simply listing risks by also assessing severity and likelihood. This dual nature - identification plus assessment - matches the question's definition precisely.
Risk identification is only the first step of finding potential risks, not the assessment of those risks.
Risk retention is a risk response strategy where an organization accepts a known risk rather than mitigating it.
Risk communication is the process of sharing risk information with stakeholders, not identifying or assessing threats.
Concept tested: Definition of risk analysis in project management
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
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