CAPM Practice: Demonstrate an understanding of common problem-solving tools and techniques
Question 65 of 106 in Demonstrate an understanding of common problem-solving tools and techniques
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Correct answer: An issue is an event that has occurred; a risk is a potential future event
Explanation
A risk is an uncertain future event that could affect the project positively or negatively. An issue is something that has already occurred and requires immediate attention. When a risk materializes (the event happens), it transitions from the risk register to the issue log.
**Why not A:** The issue log and risk register are distinct documents with different purposes. The issue log tracks current problems requiring resolution, while the risk register tracks uncertain future events. They are not interchangeable.
**Why not B:** Risks do not move to the issue log based on exceeding a risk threshold. Rather, risks transition to issues when the uncertain event actually occurs. The risk threshold determines which risks receive the most attention in the risk register, not when they move to the issue log.
**Why not C:** The issue log does not replace the risk register during execution. Both documents are maintained throughout the project lifecycle — the risk register continues to track potential future events while the issue log tracks problems that have already occurred.
Key Concept
This question covers Demonstrate an understanding of common problem-solving tools and techniques under Demonstrate an understanding of common problem-solving tools and techniques (Project Management Fundamentals and Core Concepts).
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