Start practice test
Back to Project Risk Management
Guide to Understanding and Answering Questions on Risk Breakdown Structure (RBS)

What is Risk Breakdown Structure (RBS)?
Risk Breakdown Structure (RBS) is a hierarchical framework that outlines the potential risks associated with a project. It systematically breaks down risks into distinct categories, providing a clear structure that helps in identifying, assessing, and handling these risks.

Why is RBS Important?
Risk management is crucial for the successful completion of a project. Understanding the various risks and structuring them helps project managers prepare and implement strategies to minimize the impact of these risks. RBS is a beneficial tool that boosts the efficiency of risk management processes and supports better decision-making.

How Does RBS Work?
RBS starts with a top slice representing the full project, which is further divided into lower levels of risks divided by categories (e.g., technical, project management, organizational). Risks can be further broken down to as many levels as necessary until all potential risks have been identified. This hierarchical structure makes it easier to understand and manage project risks.

Exam Tips: Answering Questions on Risk Breakdown Structure (RBS)
Understand the Concept: Have a deep understanding of RBS, its importance, how it works, and its implications in project management.
Know the Terms: Familiarize yourself with all terms related to RBS such as risk categories, risk events, root causes of risks, etc.
Practical Application: Practice by creating a mock RBS for a hypothetical project. This will help you learn how to break down risks effectively.
Address All Parts of the Question: Make sure you understand what is being asked in the question. Always answer all parts of the question fully.

Go Premium

Certified Associate in Project Management Preparation Package (2024)

  • Earn 15 PDUs needed for your CAPM certification
  • 8521 Superior-grade Certified Associate in Project Management practice questions.
  • Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
  • Unlock Effortless CAPM preparation: 5 full exams.
  • 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
  • Bonus: If you upgrade now you get upgraded access to all courses
  • Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!
Risk Breakdown Structure (RBS) practice test

Risk Breakdown Structure (RBS) is a hierarchically organized depiction of the identified project risks, arranged by risk category. RBS is used as a tool to understand and communicate the risk profile of the project. It helps the project team and stakeholders to understand the source of risks, their relationships, and impacts. RBS also helps in effectively allocating resources for risk response planning and in focusing on high-priority risk categories.

Time: 5 minutes   Questions: 5

Test mode:
Start practice test

Practice more Risk Breakdown Structure (RBS) questions

More Risk Breakdown Structure (RBS) questions
30 questions (total)
Start 30 question test
Go Premium

Certified Associate in Project Management Preparation Package (2024)

  • Earn 15 PDUs needed for your CAPM certification
  • 8521 Superior-grade Certified Associate in Project Management practice questions.
  • Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
  • Unlock Effortless CAPM preparation: 5 full exams.
  • 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
  • Bonus: If you upgrade now you get upgraded access to all courses
  • Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!