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CAPM Practice: Determine how to follow and execute planned strategies or frameworks

Question 81 of 100 in Determine how to follow and execute planned strategies or frameworks

Isabella Mwangi is leading a project at Nighthawk Security. The project management plan includes a risk management strategy that requires weekly risk reviews. What is the PRIMARY purpose of following this planned risk strategy?
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Correct answer: To identify new risks and assess changes to existing risks throughout the project lifecycle

Explanation

Following a planned risk management strategy allows the team to proactively identify new risks and monitor existing risks as the project progresses. Regular risk reviews help maintain awareness of the risk environment and enable timely responses.

**Why not A:** Assigning blame when risks materialize contradicts the purpose of risk management. Risk management is about proactive identification and response, not accountability or fault-finding after the fact. A blame-focused approach discourages open risk reporting.

**Why not C:** Satisfying organizational policy is a secondary benefit, not the primary purpose. While compliance may require risk reviews, the core purpose is to proactively manage risks so the project achieves its objectives — not merely to check a box.

**Why not D:** Eliminating all project risks is unrealistic. Risk management aims to identify, assess, and respond to risks — not to eliminate them entirely. Some risks must be accepted, and new risks can emerge at any point during the project lifecycle.

Key Concept

This question covers Determine how to follow and execute planned strategies or frameworks under Determine how to follow and execute planned strategies or frameworks (Project Management Fundamentals and Core Concepts).

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