You are a project manager for your organization and you're working with four of your key stakeholders. One of the stakeholders is confused as to why you're not discussing the current problem in the project during the risk identification meeting. Which one of the following statements best addresses when a project risk actually happens?
According to project management principles, a project risk is something that may happen in the future. It is an uncertain event or condition that, if it occurs, will have a positive or negative impact on one or more project objectives. If the event has already occurred, it is no longer a risk but an issue, which needs to be addressed through issue management processes. Therefore, discussing current problems in a risk identification meeting is not appropriate as they are not risks but existing issues.
This question is confusing and poorly worded.
question is not correct and poorly articulated
very poorly worded question
The best statement to address this distinction is: "Project risks are potential future events that may impact the project if they occur, whereas the current problem you mentioned is an issue that we are already facing and needs to be managed through our issue resolution process. In risk identification meetings, we focus on identifying and planning for potential future risks to mitigate their impact on the project."