APM-PFQ Exam - 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

Limited Time Offer

25%

Off

Get Premium APM-PFQ Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Cyndy

3 months ago

D just feels off, not really about risk at all.

upvoted 0 times

...

Kris

3 months ago

A is spot on! Risk is all about objectives.

upvoted 0 times

...

Letha

3 months ago

Wait, is C really considered a type of risk?

upvoted 0 times

...

Twila

4 months ago

I disagree, B seems more accurate for project contexts.

upvoted 0 times

...

Luisa

4 months ago

Definitely A, that's the classic definition of risk.

upvoted 0 times

...

Pauline

4 months ago

I’m confused because I thought risk was more about estimation and planning, but that doesn’t seem to fit any of these options clearly.

upvoted 0 times

...

Buddy

4 months ago

I practiced a question similar to this, and I feel like 'risk' is more about potential impacts rather than just scope creep, so I would go with A.

upvoted 0 times

...

Bronwyn

4 months ago

I'm not entirely sure, but I remember something about risks being related to problems breaching tolerances, which sounds like option B.

upvoted 0 times

...

Roy

5 months ago

I think 'risk' is about the potential impact on objectives, so I might lean towards option A.

upvoted 0 times

...

Felice

5 months ago

I'm a little confused by the wording of these options. I'll have to re-read them a few times to make sure I understand the nuances before selecting an answer.

upvoted 0 times

...

Rhea

5 months ago

Okay, let me think this through. I know 'risk' has to do with the potential impact on objectives, so I'll go with option A.

upvoted 0 times

...

Bulah

5 months ago

Ah, I remember discussing the definition of 'risk' in class. I think option A is the most comprehensive and accurate description.

upvoted 0 times

...

German

5 months ago

Hmm, I'm a bit unsure about this one. The options seem similar, but I'll try to focus on the key differences to determine the correct definition.

upvoted 0 times

...

Selma

5 months ago

This looks like a straightforward definition question. I'll read through the options carefully and select the one that best matches the term 'risk'.

upvoted 0 times

...

Keith

10 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.

upvoted 0 times

Karan

8 months ago

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

upvoted 0 times

...

Brice

9 months ago

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

upvoted 0 times

...

Carlton

9 months ago

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

upvoted 0 times

...

Yun

10 months ago

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

upvoted 0 times

Cristy

9 months ago

C) Scope creep within an uncontrolled project.

upvoted 0 times

...

Maybelle

9 months ago

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

upvoted 0 times

...

Coletta

10 months ago

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

upvoted 0 times

...

Alonso

10 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.

upvoted 0 times

Laine

8 months ago

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

upvoted 0 times

...

Tamekia

9 months ago

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

upvoted 0 times

...

Ruthann

9 months ago

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

upvoted 0 times

...

Rutha

10 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.

upvoted 0 times

...