Risk question
Submitted by pmasp1 on Sun, 11/20/2011 - 22:36
Experts/Admin.. Please tell me the answer..
As a project manager, you understand the importance of identifying and documenting project risks. In this context, which of the following statements is true?
Choice 1 Risk identification occurs during the Planning of the project
Choice 2 Risk identification occurs during Monitoring and Controlling of the project
Choice 3 Risk identification occurs during Execution of the project
Choice 4 Risk identification occurs during different project stages depending on the type of the project
Forums:
pmpfresher
Mon, 11/21/2011 - 06:28
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Answer is A?
The answer is A?
As I known, identify risk occurs during planning or Monitoring and controlling. But here is asking "understand the importance of identifying and documenting project risks", so should be in the planning process.
kranti_kumar
Wed, 11/23/2011 - 11:35
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Risk Question
I would go with "A" as well. Risk id is an iterative process, however, somehow the structure of option "D" does not fit much.
So, I would go with since Risks are essentially identified during planning procee.