Final answer:
In risk management, initial focus should be on risks that impact the critical path, since these can directly affect the project's schedule and completion times.
Step-by-step explanation:
In the beginning, the focus of risk management should be on risks that Impact the critical path. This is because any risks that affect the critical path will subsequently have a direct impact on the project’s schedule and completion time. Identifying and mitigating these critical path risks early can prevent significant delays and additional costs. However, it is important to note that risk management is a comprehensive process. After focusing on the critical path, other factors such as risks that impact the entire project, are known, and have the greatest cost impact should also be addressed to ensure a robust risk management strategy.