ITIL Question #267: Real Exam Question with Answer & Explanation

Question

Options

• AThe timeframe over which the risk mitigation actions should be implemented
• BThe schedule for the risk management activities related to a plan
• CThe timeframe over which a risk will be monitored by the risk owner
• DThe timeframe for when the risk might materialize

Explanation

Risk proximity is a risk management term that describes the expected timeframe in which a specific risk may materialize.

Common mistakes.

• A. The timeframe for implementing mitigation actions describes risk response scheduling, which is part of risk treatment planning, not the definition of risk proximity.
• B. A schedule for risk management activities describes the risk management plan or review cadence, which is a procedural concept distinct from risk proximity.
• C. The timeframe over which a risk is monitored describes a risk monitoring responsibility assigned to a risk owner, which is different from the concept of when the risk itself might materialize.

Concept tested. Risk proximity definition in risk management frameworks

Reference. https://www.axelos.com/certifications/project-management/prince2

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