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SY0-701 · Question #644

Which of the following steps in the risk management process involves establishing the scope and potential risks involved with a project?

The correct answer is B. Risk identification. Risk Identification is correct because it is the foundational step where you define the project's scope and systematically uncover potential risks - essentially asking "what could go wrong?" before any analysis or action takes place. Why the distractors are wrong: A. Risk…

Submitted by priya_blr· Mar 6, 2026Security program management and oversight

Question

Which of the following steps in the risk management process involves establishing the scope and potential risks involved with a project?

Options

  • ARisk assessment
  • BRisk identification
  • CRisk treatment
  • DRisk monitoring and review

How the community answered

(16 responses)
  • B
    94% (15)
  • D
    6% (1)

Explanation

Risk Identification is correct because it is the foundational step where you define the project's scope and systematically uncover potential risks - essentially asking "what could go wrong?" before any analysis or action takes place.

Why the distractors are wrong:

  • A. Risk Assessment comes after identification - it analyzes and evaluates the likelihood and impact of already-identified risks, not discovers them.
  • C. Risk Treatment is even later in the process - it involves deciding how to respond to risks (avoid, mitigate, transfer, accept).
  • D. Risk monitoring and review is the ongoing/final phase - tracking known risks and watching for new ones throughout the project lifecycle.

Memory tip: Think of the process as a funnel - you must identify before you can assess, treat, or monitor. The word "identification" literally means "finding and naming," which maps directly to establishing scope and surfacing potential risks.

Topics

#Risk management#Risk identification#Security risk#Risk management process

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