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CAP · Question #121
CAP Question #121: Real Exam Question with Answer & Explanation
The correct answer is A: It isa rapid and cost-effective means of establishing priorities for the plan risk responses and. See the full explanation below for the reasoning.
Security and Privacy Governance, Risk Management, and Compliance Program
Question
David is the project manager of HGF project for his company. David, the project team, and several key stakeholders have completed risk identification and are ready to move into qualitative risk analysis. Tracy, a project team member, does not understand why they need to complete qualitative risk analysis. Which one of the following is the best explanation for completing qualitative risk analysis?
Options
- AIt isa rapid and cost-effective means of establishing priorities for the plan risk responses and
- BIt is a cost-effective means of establishing probability and impact for the project risks.
- CQualitative risk analysis helps segment the project risks, create a risk breakdown structure,
- DAll risks must pass through quantitative risk analysis before qualitative risk analysis.
Topics
#Risk Management#Qualitative Risk Analysis#Risk Prioritization#Project Management
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