Certified Governance Risk and Compliance (CGRC) Practice Exam 2025 - Free CGRC Practice Questions and Study Guide

The term "risk trigger" refers to specific conditions or events that can initiate or signal the occurrence of a risk event. In this project scenario, referring to a temperature of 430 degrees Fahrenheit as a risk trigger implies that reaching this temperature could signify the potential for a risk event, such as equipment failure, fire, or material degradation. Understanding the concept of risk triggers is crucial in risk management as it helps project managers to monitor factors that could lead to risk events and implement appropriate mitigation strategies before they escalate.

Risk events are the actual occurrences that can impact a project's objectives, while risk identification is the process of recognizing potential risks before they happen. Risk probability indicates the likelihood of a risk occurring, which is separate from the trigger that initiates the examination of that risk. In this context, identifying the temperature as a trigger allows for more proactive management of the associated risks.