APM Exam APM-PFQ Topic 8 Question 23 Discussion

Actual exam question for APM's APM-PFQ exam

Question #: 23
Topic #: 8

[All APM-PFQ Questions]

Which of the following defines the term 'risk'?

AThe potential of a situation or event to impact on the achievement of specific objectives.

BA problem that is now or is about to breach delegated tolerances for work on a project or programme.

CScope creep within an uncontrolled project.

DThe use of estimation to determine costs, resources and activities.

Show Suggested Answer

Suggested Answer: D

by Tenesha at Jan 12, 2025, 12:29 AM

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Keith

1 months ago

Option A is the way to go. Risk is all about that potential impact, baby. Anything else is just a distraction, like my pet rock over here.

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Karan

6 days ago

I'm with you on that, option A is spot on when it comes to defining risk.

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Brice

19 days ago

Yeah, I think option A captures the essence of risk perfectly.

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Carlton

1 months ago

I agree, option A is definitely the best definition of risk.

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Yun

2 months ago

Option D? Really? That's just estimation, not the definition of risk. Gotta pay more attention in class, my friend.

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Cristy

15 days ago

C) Scope creep within an uncontrolled project.

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Maybelle

18 days ago

B) A problem that is now or is about to breach delegated tolerances for work on a project or programme.

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Coletta

1 months ago

A) The potential of a situation or event to impact on the achievement of specific objectives.

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Alonso

2 months ago

Haha, Option C is definitely not the definition of risk. Scope creep is more of a consequence of poor risk management if anything.

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Laine

7 days ago

D) The use of estimation to determine costs, resources and activities.

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Tamekia

9 days ago

B) A problem that is now or is about to breach delegated tolerances for work on a project or programme.

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Ruthann

18 days ago

A) The potential of a situation or event to impact on the achievement of specific objectives.

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Rutha

2 months ago

I'm leaning towards Option A as well. The other options seem to be describing specific risk-related situations, not the general definition of risk itself.

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Cherry

2 months ago

I'm not sure, but A does make sense. It's about managing uncertainties.

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Dorsey

2 months ago

I agree with Vicente, because risk is about potential impact on objectives.

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Eva

2 months ago

Option A sounds like the most comprehensive definition of risk. It covers the potential impact on objectives, which is key.

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Iesha

1 months ago

Yes, option A covers all aspects of risk and its potential impact on objectives.

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Mammie

1 months ago

I agree, option A is the best definition of risk.

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Vicente

2 months ago

I think the answer is A.

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