Which of the following statements is correct?
  1. Risks and issues are the same.
  2. Risks occur at programme level, while issues are at project level.
  3. Risks are things that may happen, while issues have happened.
  4. Risks are handled by managers, while issues are handled at a lower level.
Answer - C - “Risks are things that may happen, while issues have happened” is a correct statement.

Key Takeaway: A risk is an uncertain event or set of events which, should it occur, will have an effect on the achievement of objectives. Issues are events that have happened, were not planned, and are currently affecting the programme in some way.
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