CAPM Practice: Demonstrate an understanding of the various project life cycles and processes

An assumption is something considered true for planning purposes without proof (vendor delivering by March 15). A risk is an uncertain event that could positively or negatively affect project objectives (weather delay). The first statement is an assumption the team is making; the second is a potential future risk.

**Why not A:** Both items are not constraints. A constraint is a limiting factor imposed on the project. The vendor delivery date is an assumed expectation (not yet proven), and weather delays are uncertain future events. Neither fits the definition of a project constraint.

**Why not B:** Both items are not risks. The vendor delivery by March 15 is accepted as true for planning purposes (an assumption), not an uncertain event. Only the severe weather scenario is a risk because it may or may not occur and could negatively affect the project.

**Why not D:** The vendor delivery date is not a constraint — it is something believed to be true without verification (an assumption). The weather concern is not an issue because it has not happened yet — it is a potential future event (a risk). Issues are current problems requiring immediate attention.