Project Management Central

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Topics: Risk Management
Solve the question
Network:1436



Risk exists the moment that a project is:

A. planned
B. conceived
C. chartered
D. executed
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Network:98511



Risks exit from the time the project is born so probably chartered is the best answer amongst others unless conceived means born.
Network:651



Risk exist from the time it is conceived, which is the ideation stage or a thought in human brain
Network:216



Risk exists the moment that a project is conceived because after that it is chattered.
Network:610



Answer B
Network:11



Option B, definitely. Risks are inherent to any idea you conceive.
Network:746



Conceived
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C - Chartered
Network:104407



It exists at all these moments. So I would consider B Conceive the first moment in the project.
Network:1436



Thanks, everyone for responses, hence the answer is B - ''Conceived''
Network:239



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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