PMI-RMP · Question #164
You and your project team are just starting the risk identification activities for a project that is scheduled to last for 18 months. Your project team has already identified a long list of risks…
The correct answer is C. Identify risks is an iterative process. According to the PMBOK Guide, risk identification is an iterative process that should be performed throughout the project lifecycle, not just once. New risks can emerge at any phase of the project as conditions change, decisions are made, and new information becomes available…
Question
You and your project team are just starting the risk identification activities for a project that is scheduled to last for 18 months. Your project team has already identified a long list of risks that need to be analyzed. How often should you and the project team do risk identification?
Options
- AIt depends on how many risks are initially identified.
- BAt least once per month
- CIdentify risks is an iterative process.
- DSeveral times until the project moves into execution
How the community answered
(27 responses)- A4% (1)
- C93% (25)
- D4% (1)
Explanation
According to the PMBOK Guide, risk identification is an iterative process that should be performed throughout the project lifecycle, not just once. New risks can emerge at any phase of the project as conditions change, decisions are made, and new information becomes available. Risk identification should be revisited regularly - especially at key milestones and when significant changes occur. Option A is incorrect because the frequency is not determined by the initial count of risks. Option B (once per month) is arbitrary and too prescriptive. Option D is incorrect because risk identification does not stop at the end of planning - it continues through execution, monitoring, and control.
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