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ISACA Certified in Risk and Information Systems Control · Isaca
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Pure risk is a category of risk that cannot be controlled and has two outcomes: complete loss or no loss at all. There are no opportunities for gain or profit when pure risk is involved. Pure risk is generally prevalent in situations such as natural disasters, fires, or death. These situations cannot be predicted and are beyond anyone's control. Pure risk is also referred to as absolute risk.
A pure risk is typically defined as a risk event that only has a negative side and does not offer any positive results or opportunities. Given that you and your project team have decided to remove the pure risk from the project by changing the project plan altogether, option A is the most appropriate description of a pure risk: A. It is a risk event that only has a negative side and not any positive result. Pure risks are usually the type of risks that project managers aim to mitigate or eliminate as they represent potential harm or loss without corresponding benefits or opportunitie