Elizabeth is a project manager for her organization and she finds risk management to be very difficult for her to manage. She asks you, a lead project manager, at what stage in the project will risk management become easier. What answer best resolves the difficulty of risk management practices and the effort required?
A.
Risk management only becomes easier when the project moves into project execution.
B.
Risk management only becomes easier the more often it is practiced.
C.
Risk management only becomes easier when the project is closed.
D.
Risk management is an iterative process and never becomes easier.
Explanation:
According to the PMBOK, "Like many things in project management, the more it is done the easier the practice becomes."
Answer option C is incorrect. This answer is not the best choice for the project. Answer option A is incorrect. Risk management likely becomes more difficult in project execution that in other stages of the project.
Answer option D is incorrect. Risk management does become easier the more often it is done. Reference: Chapter 11. A Guide to the Project Management Body of Knowledge, (PMBOK Guide), Fourth Edition, ISBN.9781933890517, Section 11.6.2.6.
B