Types of risks that a project can face include ______.
A)the possibility that the project runs into financial risks
B)the possibility that the project is in compliance with government requirements
C)the possibility that the project costs are significantly below that budgeted
D)the possibility that the project is completed well ahead of schedule

Question

Quizplus · Accepted Answer

Financial risks are a common type of risk that a project can face. This includes going over budget, unexpected costs, or not receiving expected funds.

Answer: B 
 Compliance with government requirements is another type of risk that projects can face. Failure to comply with regulations can lead to fines or delays in the project.

Answer: C 
 While it may seem like staying significantly below the budgeted costs is a good thing, it can actually indicate that corners were cut or necessary resources were not obtained. This can lead to issues later on in the project.

Answer: D 
 While completing a project well ahead of schedule may seem like a positive thing, it can actually indicate that the project was not properly planned or executed. This can lead to errors or omissions in the project. Therefore, completing a project ahead of schedule is not considered a risk.

Types of Risks That a Project Can Face Include ______