Project Management Central

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Topics: Risk Management
Solve the question
Network:1556



Risk exists the moment that a project is:

A. planned
B. conceived
C. chartered
D. executed
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Network:107495



Risks exit from the time the project is born so probably chartered is the best answer amongst others unless conceived means born.
Network:733



Risk exist from the time it is conceived, which is the ideation stage or a thought in human brain
Network:229



Risk exists the moment that a project is conceived because after that it is chattered.
Network:667



Answer B
Network:24



Option B, definitely. Risks are inherent to any idea you conceive.
Network:848



Conceived
Network:550



C - Chartered
Network:108834



It exists at all these moments. So I would consider B Conceive the first moment in the project.
Network:1556



Thanks, everyone for responses, hence the answer is B - ''Conceived''
Network:258



Sorry Moloy but I'm going with chartered for two reasons. First, it is not a "project" until the charter is signed, and second, an idea has to be vetted to determine if the potential benefits outweigh the anticipated costs (and risks it might introduce), and if it aligns with organizational strategic objectives. Thanks!
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