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 shift risk-laden activities that affect the project schedule from the critical path as
• CShe can create an overall project rating scheme to reflect the bias towards risks that affect the
• DShe can filter all risks based on their affect on schedule versus other project objectives.

• A
  16% (5)
• B
  9% (3)
• C
  72% (23)
• D
  3% (1)

Explanation

Creating an overall project risk rating scheme that reflects the organization's bias toward schedule risk is the correct qualitative risk analysis approach. By weighting schedule-related risks more heavily in the rating matrix, Amy ensures that risks threatening the timeline receive higher priority scores and more attention than they might in a neutral framework. This aligns the risk assessment process with the organization's specific risk tolerance. Padding time estimates (A) addresses risk effects but is not a rating scheme. Shifting risk activities off the critical path (B) is a risk response, not an assessment approach. Filtering risks only by schedule (D) would ignore other objectives and is too narrow.

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