Question

Which of the following statements about risks is true?

a. Risks are higher in long term projects.
b. Risks only occur in projects that are long term projects.
c. The consequence of a risk can be positive for the project.
d. Only risks that impact the critical path of the project are important to mitigate.

Answer 1

The consequence of a risk can be positive for the project.

Step-by-step explanation:

The correct statement about risks is:

c. The consequence of a risk can be positive for the project.

Risks are uncertainties that can have both negative and positive outcomes on a project. While risks are typically associated with negative consequences, there are instances where a risk can result in positive outcomes for a project. For example, taking a calculated risk in introducing a new product to the market may lead to increased sales and profitability.