thinQmaster Virtual testing partner Adaptive practice exams that find your weak spots and drill them. Every answer explained. From $69
Enroll

thinQmaster

Find your exam

Five questions free, before you decide.

Step 1 · choose a vendor

In one of our camps? Your practice exams come with the tuition — they are on your study page already.

Project Management & Agile · Advanced

Overall Project Risk

The effect of uncertainty on the project as a whole, arising from all sources including individual risks.

Definition

It represents stakeholder exposure to variation in outcomes, both positive and negative, and is typically assessed with quantitative analysis and reported in the risk report.

Example

The project has a 35% chance of exceeding budget by more than 10%.

Exam tip

PMI distinguishes overall project risk from individual project risks; both require responses.

Related terms