Which of the following will identify the MOST potential project risks?

The correct answer is B. Past project documentation. Past project documentation (lessons learned registers, historical risk logs, project archives) contains real risks that were identified, assessed, and/or materialized in similar projects. This historical record is the richest source of potential risks because it reflects actual…

Project life cycle phases

Question

Options

ACost-benefit analysis
BPast project documentation
CProject budget
DBenchmarking

How the community answered

(20 responses)

A
5% (1)
B
90% (18)
C
5% (1)

Explanation

Past project documentation (lessons learned registers, historical risk logs, project archives) contains real risks that were identified, assessed, and/or materialized in similar projects. This historical record is the richest source of potential risks because it reflects actual experience. Cost-benefit analysis (A) evaluates financial viability, not risks. The project budget (C) is a financial artifact, not a risk identification tool. Benchmarking (D) compares performance metrics against standards but does not systematically surface project risks the way historical documentation does.

Topics

#risk identification#historical data#project documentation#risk management

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