Which statement defines a risk?
A) A certain event occurring in the future that will have a negative impact on the project's objectives
B) An event that has already occurred that the Project Manager must deal with immediately
C) An uncertain event, or set of events that, should it or they occur, will have an effect on the achievement of objectives
D) An uncertain event, or set of events that, should it or they occur, will be automatically escalated to the Project Board for a response

Question

Quizplus · Accepted Answer

A risk is an uncertain event or set of events that, should it or they occur, will have an effect on the achievement of objectives. Option A refers to a certain event, which is not a risk. Option B refers to an event that has already occurred, which is an issue, not a risk. Option D refers to automatic escalation, which may or may not be required depending on the severity of the risk.

Which Statement Defines a Risk