CAP · Question #12
Gary is the project manager of his organization. He is managing a project that is similar to a project his organization completed recently. Gary has decided that he will use the information from the p
The correct answer is A. The checklist analysis approach is fast but it is impossible to build and exhaustive checklist.. The checklist analysis approach uses historical information from previous, similar projects to identify risks quickly. Its primary limitation is that while it is fast and convenient, no checklist can ever be truly exhaustive - it will always be limited to risks that were encounte
Question
Gary is the project manager of his organization. He is managing a project that is similar to a project his organization completed recently. Gary has decided that he will use the information from the past project to help him and the project team to identify the risks that may be present in the project. Management agrees that this checklist approach is ideal and will save time in the project. Which of the following statement is most accurate about the limitations of the checklist analysis approach for Gary?
Options
- AThe checklist analysis approach is fast but it is impossible to build and exhaustive checklist.
- BThe checklist analysis approach only uses qualitative analysis.
- CThe checklist analysis approach saves time, but can cost more.
- DThe checklist is also known as top down risk assessment
How the community answered
(35 responses)- A94% (33)
- B3% (1)
- C3% (1)
Explanation
The checklist analysis approach uses historical information from previous, similar projects to identify risks quickly. Its primary limitation is that while it is fast and convenient, no checklist can ever be truly exhaustive - it will always be limited to risks that were encountered in past projects and may miss novel or project-specific risks. Choice B is incorrect because checklists are not limited to qualitative analysis. Choice C is incorrect because checklists typically save both time and cost. Choice D is incorrect - a checklist is a historical-based approach, not synonymous with top-down risk assessment.
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