You are the project manager for the NHH project. You are working with your project team to examine the project from four different defined perspectives to increase the breadth of identified risks by…

The correct answer is A. SWOT analysis. SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats) examines a project from four defined perspectives: two internal (Strengths and Weaknesses) and two external (Opportunities and Threats). This broadens risk identification by capturing both internally generated risks…

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Question

You are the project manager for the NHH project. You are working with your project team to examine the project from four different defined perspectives to increase the breadth of identified risks by including internally generated risks. What risk identification approach are you using in this example?

Options

ASWOT analysis
BRoot cause analysis
CAssumptions analysis
DInfluence diagramming techniques

How the community answered

(52 responses)

A
85% (44)
B
4% (2)
C
10% (5)
D
2% (1)

Explanation

SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats) examines a project from four defined perspectives: two internal (Strengths and Weaknesses) and two external (Opportunities and Threats). This broadens risk identification by capturing both internally generated risks (weaknesses that could become threats) and positive risk events (strengths and opportunities). Root cause analysis identifies the underlying cause of a problem; assumptions analysis challenges project assumptions; influence diagramming maps causal relationships - none of these use the four-perspective SWOT structure.

Topics

#Risk Identification#SWOT Analysis#Project Risk Management

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