Which is the least risky phase of the project? ~ a question from techfaq360
Submitted by PMPBOY on Tue, 06/07/2011 - 20:33
Source is below:
Can someone please verify the correct answer for the following question?
Which is the least risky phase of the project?
1. Planning
2. Closing
3. Execution
4. Control
For what I know, risk is 'LOWEST' in initiating, 'LOW' in planning, 'HIGH' in execution & monitor and control,
and 'LOWER' in closing process groups of the project respectively. So I selected
2. Closing as my answer.
But techfaq360 said that is WRONG, as per techfaq360, the correct answer is
1. Planning.
Any input please!
Forums:
admin
Wed, 06/08/2011 - 08:08
Permalink
Risk is highest towards the
Risk is highest towards the start of project, since there are many unknowns. So least risky phase would be closing.
rsang
Thu, 06/09/2011 - 11:48
Permalink
Closing
I would say Closing is correct. Not sure why they selected Planning as answer.