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CRISC · Question #51

CRISC Question #51: Real Exam Question with Answer & Explanation

The correct answer is D. Project planning phase. The project planning phase is the optimal time to identify project risks and develop mitigation plans, as it allows for proactive management and integration into the project's design.

Submitted by lukas.cz· Apr 18, 2026Risk Response and Reporting

Question

When is the BEST to identify risk associated with major project to determine a mitigation plan?

Options

  • AProject execution phase
  • BProject initiation phase
  • CProject closing phase
  • DProject planning phase

Explanation

The project planning phase is the optimal time to identify project risks and develop mitigation plans, as it allows for proactive management and integration into the project's design.

Common mistakes.

  • A. Identifying risks during the project execution phase is reactive and often too late to effectively implement preventative mitigation, potentially leading to costly delays or failures.
  • B. While some high-level risks might be considered during initiation, detailed risk identification and mitigation planning typically occur as part of the more comprehensive planning phase.
  • C. The project closing phase is primarily for finalizing deliverables, releasing resources, and conducting post-mortems, making it entirely too late for proactive risk identification and mitigation.

Concept tested. Project risk management timing

Topics

#Project Risk Management#Risk Identification#Risk Mitigation#Project Lifecycle

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