Amy is the project manager for her company. In her current project the organization has a very low tolerance for risk events that will affect the project schedule. Management has asked Amy to consider

Question

Options

• AShe can have the project team pad their time estimates to alleviate delays in the project
• BShe can create an overall project rating scheme to reflect the bias towards risks that affect the
• CShe can filter all risks based on their affect on schedule versus other project objectives.
• DShe can shift risk-laden activities that affect the project schedule from the critical path as

• A
  3% (1)
• B
  85% (29)
• C
  3% (1)
• D
  9% (3)

Explanation

When management wants to reflect a low tolerance for schedule risk, the correct approach in qualitative risk analysis is to create an overall project risk rating scheme that weights schedule impact more heavily than other objectives (B). This embeds the organizational bias directly into how risks are scored and prioritized. Padding time estimates (A) is an informal workaround that obscures true estimates. Filtering risks by schedule impact alone (C) ignores risks to other objectives entirely. Shifting risk-laden activities off the critical path (D) is a schedule response technique, not an analysis approach.

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