Timedora
Free Practice Quiz Question List

2 Risk Identification Online Quiz Questions

Use this free practice quiz with 20 questions to review 2 Risk Identification, test your knowledge, and prepare for your next test or exam.

20 questions
01
True or false
1 point

At the risk-identification stage, the goal is to describe plausible risks clearly, not yet to estimate their likelihood or choose responses.

  1. A

    True

  2. B

    False

02
Written response
1 point

A project plan treats an unverified statement as true for planning. What is this kind of statement called?

03
Fill in the blank
1 point

A project document can reveal conditions that may create a risk, but it does not that the risk will occur.

04
Choose one
1 point

Which statement correctly separates the cause, uncertain event, and effect in a project risk?

  1. A

    Because the supplier’s interface specification is changing, integration may fail the first acceptance test, delaying the pilot launch.

  2. B

    The supplier’s interface specification is changing, and the pilot launch is delayed.

  3. C

    Integration may fail the first acceptance test, and the supplier’s interface specification is changing.

  4. D

    The pilot launch is delayed because integration failed the first acceptance test.

05
True or false
1 point

During a risk-identification workshop, participants should capture candidate risks without judging them too early.

  1. A

    True

  2. B

    False

06
Written response
1 point

A possible late approval would delay the planned project start. Which project objective category is affected?

07
Fill in the blank
1 point

A risk with a possible positive effect on a project objective is an .

08
Choose one
1 point

A project team discovers that a component has already failed. How should it distinguish this from a risk that may occur in the future?

  1. A

    Record the component failure as a future risk because it could affect project objectives.

  2. B

    Treat the component failure as a current issue, not a future uncertainty.

  3. C

    Estimate the component failure’s likelihood before deciding whether it is an issue.

  4. D

    Write only the possible effect and leave out the event because it has happened.

09
Choose all
1 point

When examining an important planning assumption, select all questions that help assess its uncertainty and possible consequences.

  1. A

    What evidence supports the assumption?

  2. B

    Who or what does the assumption depend on?

  3. C

    By when must the assumption hold true?

  4. D

    If the assumption is false, what uncertain event could follow and which objective could be affected?

  5. E

    What response should be funded before the assumption is examined?

10
Choose one
1 point

A workshop team has generated candidate risks and challenged its assumptions. What should it do when shaping each candidate?

  1. A

    Estimate likelihood and impact for every candidate before refining its wording.

  2. B

    Choose a response for each candidate and assign an owner.

  3. C

    Separate each candidate into cause, uncertain event, and effect, and clarify the affected objective.

  4. D

    Remove any candidate whose cause cannot be proved to be certain.

11
Choose all
1 point

A team is reviewing project information to uncover conditions that may create risks. Select all suitable sources to review.

  1. A

    The project schedule

  2. B

    Technical designs

  3. C

    Stakeholder information

  4. D

    Lessons learned from prior projects

  5. E

    A completed likelihood rating for each risk

12
Choose one
1 point

Which set of information belongs in a risk record at identification, before later analysis and response planning?

  1. A

    The cause–event–effect statement, affected objective, relevant context, and person who can clarify the risk.

  2. B

    The likelihood rating, impact rating, priority, and selected response.

  3. C

    The selected response and its budget, without the cause or uncertain event.

  4. D

    The impact rating and priority, without the objective or contextual information.

13
Choose one
1 point

A team has reviewed its prompt categories, but a project-specific approval dependency has not been explored. What is the best next step?

  1. A

    Stop identifying risks once every prompt category has been reviewed.

  2. B

    Tailor the prompts to the project and ask what could happen, why, and which objective could be affected.

  3. C

    Use only the prompt categories that have produced risks on previous projects.

  4. D

    Treat each prompt category as proof that all relevant risks have been identified.

14
Open ended
1 point

A key specialist is assigned to another initiative, and their availability during integration testing is not confirmed. Write one clear risk statement that identifies the cause, uncertain event, and effect on a project objective.

15
True or false
1 point

True or false: Risk identification is repeated throughout a project as plans, assumptions, and circumstances change.

  1. A

    True

  2. B

    False

16
Choose one
1 point

Which risk-identification prompt category covers technology that is new, untested, and must integrate with external systems?

  1. A

    Requirements and scope

  2. B

    Schedule and resources

  3. C

    Technology and quality

  4. D

    Suppliers and partners

17
Written response
1 point

In the risk statement, “Because the supplier’s interface specification is changing, integration may fail the first acceptance test,” what is the current condition or source of uncertainty called? Enter the component label.

18
Choose one
1 point

In a risk-identification workshop, the team has generated candidate risks. What is the next step in the practical sequence?

  1. A

    Record likelihood and impact ratings for every candidate.

  2. B

    Combine duplicate candidates and finalize the risk register.

  3. C

    Ask what the team is treating as true without proof and what could happen if an assumption is wrong.

  4. D

    Select a response for each candidate before discussing its cause.

19
Written response
1 point

A possible defect could cause a deliverable to fail acceptance standards. Which project objective category is directly at stake? Enter the category.

20
Choose one
1 point

A project team reviews its schedule, technical design, and contracts during risk identification. What is the most appropriate use of those documents?

  1. A

    Use the documents to reveal dependencies, constraints, gaps, and uncertainty that may create risks.

  2. B

    Treat every uncertainty mentioned in a document as a risk that will occur.

  3. C

    Use documents only to confirm likelihood and impact ratings.

  4. D

    Ignore documents unless they already describe an event that has happened.