The degree of risk associated with the project is typically at its highest during the:
A)conceptualization phase.
B)planning phase.
C)execution phase.
D)termination phase.

Question

Quizplus · Accepted Answer

The conceptualization phase is when the idea for the project is being developed and the scope and objectives are being defined. There is a high degree of uncertainty and risk associated with the project at this stage as there may be many unknowns and variables that need to be considered. As the project progresses through the planning, execution, and termination phases, the degree of risk typically decreases as more information becomes available and the project team gains more experience and knowledge.

The Degree of Risk Associated with the Project Is Typically