Quiz – Project Risk Basics

Question 1 of 6

1. Question

How is a project risk defined in the capsule?

An uncertain event or condition with a positive or negative effect on objectives

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A confirmed problem that has already occurred

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A fixed cost written into the budget

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A stakeholder request for more scope

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Question 2 of 6

2. Question

Risk management is NOT about what?

Eliminating all uncertainty

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Identifying threats

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Analyzing threats

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Responding to threats

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Question 3 of 6

3. Question

Which two frameworks are cited for reducing uncertainty impact?

PMBOK and ISO 31000

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SWOT and PESTLE

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Tuckman and Belbin

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RACI and SMART

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Question 4 of 6

4. Question

Which risk category covers team turnover and communication breakdowns?

People risks

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Budget risks

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Technical risks

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Schedule risks

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Question 5 of 6

5. Question

Match each risk category to its typical source.

Sort elements

Skill gaps or technology integration
Resource constraints or dependency delays
Cost overruns from scope changes
Regulatory changes or vendor failures

Technical risks

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Schedule risks

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Budget risks

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External risks

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Question 6 of 6

6. Question

Which category involves regulatory changes, market shifts, or vendor failures?

External risks

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Technical risks

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Schedule risks

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People risks

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