PK0-004 · Question #207
Which of the following is a reason for assessing risk in a project?
The correct answer is C. To avoid rework. Risk assessment in project management is conducted to proactively identify potential problems and prevent the need for costly rework.
Question
Which of the following is a reason for assessing risk in a project?
Options
- ATo identify new tasks
- BTo shorten the project timeline
- CTo avoid rework
- DTo establish a budget
How the community answered
(26 responses)- A4% (1)
- C92% (24)
- D4% (1)
Why each option
Risk assessment in project management is conducted to proactively identify potential problems and prevent the need for costly rework.
Risk assessment evaluates threats to existing project scope and objectives, not identifies new tasks to add to the project.
Risk assessment does not inherently shorten timelines and may actually add contingency time to account for identified threats.
Identifying risks before they materialize allows the project team to implement preventive measures, avoiding the time and cost of correcting work that was done incorrectly or incompletely. Rework is one of the most expensive consequences of unmanaged risk, making its avoidance a core purpose of the risk assessment process. By anticipating what could go wrong, teams take corrective action early rather than fixing failures after the fact.
While risk may influence contingency reserves, establishing the overall project budget is a cost management activity, not a direct output of risk assessment.
Concept tested: Purpose and benefit of project risk assessment
Topics
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