ISACA Exam Questions

Which one of the following statements best addresses when a project risk actually happens?

You are a project manager for your organization and you’re working with four of your key
stakeholders. One of the stakeholders is confused as to why you’re not discussing the current
problem in the project during the risk identification meeting. Which one of the following statements
best addresses when a project risk actually happens?

A.
Project risks are uncertain as to when they will happen.

B.
Risks can happen at any time in the project.

C.
Project risks are always in the future.

D.
Risk triggers are warning signs of when the risks will happen.

Explanation:

According to the PMBOK, a project risk is always in the future. If the risk event has already
happened, then it is an issue, not a risk.
Answer A is incorrect. You can identify risks before they occur and not after their occurrence.
Answer D is incorrect. Triggers are warning signs and conditions of risk events, but this answer
isn’t the best choice for this option B is incorrect. Risks can only happen in the future.