Which describes risk impact?
A) Timeframe within which the risk might occur
B) The trigger that occurred giving rise to the risk
C) The effect of the risk on the delivery of project objectives
D) How likely the risk is to occur in a given project situation

Question

Quizplus · Accepted Answer

Risk impact refers to the effect that a risk event can have on the delivery of project objectives. It is important to assess the impact of a risk in order to determine its level of priority and develop appropriate response strategies to mitigate or avoid its effects. A is the timeframe, B is the trigger, and D is the probability, which are all important considerations in risk management but relate to different aspects of the risk.

Which Describes Risk Impact