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PK0-003 · Question #252

As a way to systematically identify risks inherent to a project, which of the following tools would be used?

The correct answer is D. Risk Breakdown Structure. The question asks for a tool used to systematically identify risks inherent to a project. A hierarchical decomposition of risks is essential for comprehensive identification.

Tools and documentation

Question

As a way to systematically identify risks inherent to a project, which of the following tools would be used?

Options

  • ARisk response plan
  • BRisk probability and impact matrix
  • CRisk Matrix
  • DRisk Breakdown Structure

How the community answered

(23 responses)
  • A
    4% (1)
  • C
    4% (1)
  • D
    91% (21)

Why each option

The question asks for a tool used to systematically identify risks inherent to a project. A hierarchical decomposition of risks is essential for comprehensive identification.

ARisk response plan

A risk response plan outlines strategies and actions to take if identified risks occur, which is a planning step after risks have been identified and analyzed, not for initial identification.

BRisk probability and impact matrix

A risk probability and impact matrix is a tool used for risk analysis and prioritization by assessing the likelihood and potential effect of identified risks, rather than for the initial systematic identification of risks.

CRisk Matrix

A Risk Matrix is a general term often referring to a probability and impact matrix, which is primarily used for analyzing and prioritizing risks based on their characteristics, not for their systematic identification.

DRisk Breakdown StructureCorrect

A Risk Breakdown Structure (RBS) is a hierarchical representation of project risks, organized by category and subcategory, starting from high-level categories and progressively breaking them down into more detailed elements. This systematic decomposition helps in comprehensively identifying potential risks from all sources within a project, ensuring no significant risk areas are overlooked.

Concept tested: Project risk identification tools (RBS)

Topics

#risk identification#risk breakdown structure#risk management tools

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