The degree of risk associated with the project is typically at its highest during the:
A)Conceptualization phase.
B)Planning phase.
C)Execution phase.
D)Termination phase.

Question

Quizplus · Accepted Answer

The conceptualization phase is the stage where the initial idea is being formed and assessed for feasibility, the project's goals, objectives, and scope are also established during this stage. As such, the degree of risk associated with the project is typically at its highest during this phase as there are significant uncertainties about the resources required, the market, and customer demand, and other factors that could affect the project's success.

The Degree of Risk Associated with the Project Is Typically