Which of the following is true about risk?
A) Project risk focuses on identifying, assessing, and eliminating the risks on the project.
B) Risk management is all about eliminating risk.
C) Project risk is an uncertain event that, even if it occurs, has no effect on project objectives.
D) There are no risk-free projects.
E) Risk management involves identification, evaluation, and elevation of risk.

Question

Quizplus · Accepted Answer

Risk management cannot eliminate all risks; instead, it aims to identify, assess, and mitigate them to acceptable levels. All projects inherently carry some level of risk, making it impossible to have a risk-free project.

Which of the Following Is True About Risk