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Public Service Entrance Exam (PSEE) · Question

Which of the following is the primary purpose of a 'risk assessment' in project management?

A risk assessment aims to proactively identify potential issues that could derail a project and plan how to minimize their impact or prevent them entirely.

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Question: Which of the following is the primary purpose of a 'risk assessment' in project management?

Answer options:

  • To assign blame for project failures. ✅ To identify potential problems and develop mitigation strategies.
  • To justify additional project funding.
  • To streamline administrative processes.

Correct answer: To identify potential problems and develop mitigation strategies.

Explanation: A risk assessment aims to proactively identify potential issues that could derail a project and plan how to minimize their impact or prevent them entirely.

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