PMI Risk Management Professional (PMI-RMP) — Question 62

Three months into a program, multiple workstreams are showing issues. At this point, the program manager requires that a risk impact assessment be conducted.

What will help calculate the impact?

Answer options

• A. Risk identification
• B. Risk analysis
• C. Risk treatment
• D. Risk evaluation

Correct answer: B

Explanation

Risk analysis is essential for calculating the impact of identified risks, as it involves evaluating the likelihood and potential consequences of those risks. Risk identification focuses on finding potential risks, while risk treatment involves deciding how to address those risks, and risk evaluation is about determining the significance of the risk responses. Thus, only risk analysis directly assists in assessing the impact.