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PK0-003 · Question #175

A project risk is defined as a condition or event that:

The correct answer is A. might occur and needs monitoring.. A project risk is defined as a condition or event that might occur and needs monitoring due to its potential impact on project objectives.

Project management concepts

Question

A project risk is defined as a condition or event that:

Options

  • Amight occur and needs monitoring.
  • Bcannot be avoided.
  • Cdoes not directly affect the project.
  • Doccurs and needs mitigating.

How the community answered

(21 responses)
  • A
    95% (20)
  • C
    5% (1)

Why each option

A project risk is defined as a condition or event that might occur and needs monitoring due to its potential impact on project objectives.

Amight occur and needs monitoring.Correct

A project risk is defined as an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives, meaning it might occur and therefore needs to be monitored and managed. This proactive approach allows for planning responses before or if the risk materializes.

Bcannot be avoided.

While some risks might be difficult to avoid, the definition of a risk doesn't inherently imply unavoidability; avoidance is one possible risk response strategy.

Cdoes not directly affect the project.

Risks, by definition, directly affect the project's objectives if they occur, making this choice incorrect.

Doccurs and needs mitigating.

This choice describes an issue that has already occurred, not a risk, which is a potential future event.

Concept tested: Project risk definition and identification

Topics

#project risk#risk definition

Community Discussion

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