Urgency differs from Proximity in that:

Urgency differs from Proximity in that:

• A. Urgency refers to the period of time before a risk might have an impact on one or more project objectives, while Proximity refers to the ease at which the results of the risk occurring can be detected.
• B. Urgency refers to the ease at which the outcome of a risk can be controlled, while Proximity refers to the period of time before a risk might have an impact on one or more project objectives.
• C. Urgency refers to the period of time within which a risk response must be implemented to be effective, while Proximity refers to the period of time before a risk might have an impact on one or more project objectives.
• D. Urgency refers to the period of time before a risk might have an impact on one or more project objectives, while Proximity refers to the period of time within which a risk response must be implemented to be effective.

Answer: (C)

Understanding how urgency and proximity differ helps you decide when to act on risks. Urgency is about how soon you must implement a risk response to make it effective—it's the deadline for taking action. Proximity is about when the risk could actually affect objectives—how close in time the potential impact is. For example, if a risk could delay a critical activity, proximity tells you the date the delay would start to affect the schedule, while urgency tells you by what date you must have a mitigation or contingency in place to prevent or lessen that delay. That distinction is why the statement that Urgency refers to the period of time within which a risk response must be implemented to be effective, while Proximity refers to the period of time before a risk might have an impact on objectives best captures the difference.

Understanding how urgency and proximity differ helps you decide when to act on risks. Urgency is about how soon you must implement a risk response to make it effective—it's the deadline for taking action. Proximity is about when the risk could actually affect objectives—how close in time the potential impact is.

For example, if a risk could delay a critical activity, proximity tells you the date the delay would start to affect the schedule, while urgency tells you by what date you must have a mitigation or contingency in place to prevent or lessen that delay. That distinction is why the statement that Urgency refers to the period of time within which a risk response must be implemented to be effective, while Proximity refers to the period of time before a risk might have an impact on objectives best captures the difference.