PK0-005 Project Management Concepts Practice Question
In which project life cycle phase are project risks identified and a risk management plan created?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Planning
Risk identification and planning occur during the planning phase.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
Planning
Why this is correct
The planning phase includes risk management planning.
- ✗
Closing
Why it's wrong here
Closing includes finalizing and lessons learned, not initial risk identification.
- ✗
Initiating
Why it's wrong here
Initiating focuses on authorization; detailed planning occurs later.
- ✗
Executing
Why it's wrong here
Executing is when work is done; risks are monitored but identified earlier.
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Written by Johnson Ajibi, MSc IT Security
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