Project Management Professional (PMP) Exam Practice – Question1597

On a typical project, when are risks highest and impacts (amount at stake) lowest?


A.
During the concept phase
B. At or near completion of the project
C. During the implementation phase
D. When the project manager is replaced

Correct Answer: A

Explanation:

Explanation:
Risks are highest at the beginning of a project because the project faces an uncertain future, and impacts are lowest at this time because investments in human and material resources are minimal.