What is a pure risk?

You are the project manager of the QPS project. You and your project team have identified a pure
risk. You along with the key stakeholders, decided to remove the pure risk from the project by
changing the project plan altogether. What is a pure risk?

A.
It is a risk event that only has a negative side and not any positive result.

B.
It is a risk event that is created by the application of risk response.

C.
It is a risk event that is generated due to errors or omission in the project work.

D.
It is a risk event that cannot be avoided because of the order of the work.

Explanation:

A pure risk has only a negative effect on the project. Pure risks are activities that are dangerous to
complete and manage such as construction, electrical work, or manufacturing. It is a class of risk

in which loss is the only probable result and there is no positive result.
Pure risk is associated to the events that are outside the risk-taker’s control.
Answer D is incorrect. This in not valid definition of pure risk.
Answer B is incorrect. The risk event created by the application of risk response is called
secondary risk.
Answer C is incorrect. A risk event that is generated due to errors or omission in the project work
is not necessarily pure risk.