Include Risk Analysis in the Lifecycle of Your Project

Question 1
At what stage of the project lifecycle should you do your risk analysis?
- During the official identification of the need
- Feasibility study
- Design
- Execution
- Conclusion
Question 2
Which of these is the correct definition of a risk?
- A problem that can prevent the successful completion of a project and which you cannot solve
- A gap between what you forecasted and what you have actually done at a given point in the project lifecycle
- A dangerous situation which you must handle
Question 3
Consider this diagram (you saw it before).

What terms could you use to replace numbers 1, 2, and 3 in this diagram?
- 1- Unknown factor
  
  2- Risk
  
  3- Problem
- 1- Unexpected event
  
  2- Unknown factor
  
  3- Problem
- 1- Unexpected event
  
  2- Unknown factor
  
  3- Risk
- 1- Risk
  
  2- Unknown factor
  
  3- Unexpected event