Identify Risks

 

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

Choice 1 as Risk indetification is done during planning process...

 

whats the answer?

option 4

Yes Risk identification occurs during the planning phase ........http://pmzilla.com/correct-answer-ques

 

 If it is 1, where is the iteration concept applied?

 The question does not talk about iteration, so I think we should not apply that word here in this question

 

What is the right answer pls?

 Right answer is 1.

But 4th option seemed correct too. Identification of new risks may occur during whole project life cycle.

 option 4 also seems right until i read this line in the answer ".........depending on the type of the project". 

  This line at the end makes it wrong choice, what do you think?

jvleminc's picture

Hmm, strange question, risk identification can also happen in the Initiation phase (when preparing the project charter) , while "depending on the type of the project" doesn't feel good to me. I'd pick 4.