Which of the following tasks is related to the Perform Qualitative Risk Analysis process?
Which of the following tasks is related to the Perform Qualitative Risk Analysis process?
Performing Qualitative Risk Analysis involves prioritizing each identified project risk and assigning both the probability of occurrence and the potential impact for each risk. This allows for a better understanding of which risks require more immediate or detailed analysis, helping to focus limited resources on the most critical risks. This process is primarily concerned with subjective assessment rather than the quantitative analysis of risks seen in other risk management processes.
Tricky answers...
D - pg 588 "process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact..."
D for sure
D page427 - Under Risk register may include assessments of probability and impacts for each individual project risk, its priority level or risk score, the nominated risk owner, risk urgency information or risk categorization, and a watch list for low-priority risks or risks requiring further analysis.
Answer is D
Pag 588, perform qualitative risk analysis
CAPM Exam Prep 4th edition also says that 'D' is the most relevant