CBAP Question 134

Community Discussion

Written by other learners. Comments can disagree with the marked answer — check the official documentation when in doubt.

• Chose A1

  In business analysis and project management, a risk is defined as an uncertain event or condition that, if it occurs, can have either a positive (opportunity) or negative (threat) effect on the project’s objectives, including its cost, scope, timeline, or quality. When preparing a business case, assessing both types of risks helps ensure comprehensive planning and decision-making.

• Chose A3

  BABOK v3 10.7.3.3 defines Risk is context of Business case as "Risks are potential problems that may have a negative impact on the solution". Hence, A is correct. Risks may have positive impacts on solution as well but BABOK specifically uses terminology 'Risk' in terms of negative impact and term 'opportunities' for positive impact. (Refer BABOK v3 6.3.2 important note) But, C is incorrect because a risk includes all uncertain events that can have negative impact on the solution including failure but does not only include events that can cause failure.

• 1

  I go with C. This is because the question specifically mentioned as it pertains to ' Business Case' 10.7.3.3. The 3rd bullet point.