Certified Information Security Manager (CISM) Practice Exam

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At which stage of a project should risk management be performed?

Only at project closure

At each stage, starting at project initiation

Risk management should be performed at each stage of a project, starting at project initiation, because it is an ongoing process that ensures potential risks are identified, assessed, and mitigated throughout the project's lifecycle. From the very beginning, understanding the risks associated with the project's objectives allows for better planning and resource allocation.

Continuously monitoring and addressing risks as the project progresses helps teams adapt to changing circumstances, manage uncertainties, and make informed decisions. Incorporating risk management at each phase—initiation, planning, execution, and closure—enables the project team to proactively manage risks and reduces the likelihood of project failure, delays, or budget overruns.

By engaging in risk management at each stage, organizations can be better prepared for challenges and can implement strategies that foster resilience, thereby increasing the likelihood of successful project outcomes.

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Only during the planning phase

At the end of the project

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