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PMI-RMP · Question #103

Gary is the project manager for his organization. He is working with the project stakeholders on the project requirements and how risks may affect their project. One of the stakeholders is confused…

The correct answer is C. It is an uncertain event that can affect at least one project objective. The PMI definition of a project risk is 'an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.' Choice C aligns most closely with this definition. Choice A is too narrow (only mentions cost). Choice B omits the…

Risk Strategy and Planning

Question

Gary is the project manager for his organization. He is working with the project stakeholders on the project requirements and how risks may affect their project. One of the stakeholders is confused about what constitutes risks in the project. Which of the following is the most accurate definition of a project risk?

Options

  • AIt is an uncertain event that can affect the project costs.
  • BIt is an uncertain event or condition within the project execution.
  • CIt is an uncertain event that can affect at least one project objective.
  • DIt is an unknown event that can affect the project scope.

How the community answered

(19 responses)
  • C
    95% (18)
  • D
    5% (1)

Explanation

The PMI definition of a project risk is 'an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.' Choice C aligns most closely with this definition. Choice A is too narrow (only mentions cost). Choice B omits the key concept of project objectives. Choice D incorrectly uses 'unknown' instead of 'uncertain' - risks can be identified and analyzed even though their occurrence is not certain.

Topics

#Project Risk Definition#Uncertainty#Project Objectives

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