CAPM · Question #31
A project receives budget approval, but the risk of extra costs is expected. Which of these inputs should the project manager check in order to make a qualitative risk analysis?
The correct answer is A. The risk management plan and the assumption log. This question tests knowledge of the inputs to the Perform Qualitative Risk Analysis process as defined in the PMBOK Guide.
Question
Options
- AThe risk management plan and the assumption log
- BCosts estimates and cost forecasts
- CThe risk management plan and the basis of estimates
- DThe assumption log and the project charter
How the community answered
(37 responses)- A86% (32)
- B3% (1)
- C5% (2)
- D5% (2)
Why each option
This question tests knowledge of the inputs to the Perform Qualitative Risk Analysis process as defined in the PMBOK Guide.
The risk management plan defines how risks will be categorized and assessed, including probability and impact scales, which are essential for qualitative analysis. The assumption log captures project assumptions that may themselves represent risks or affect risk assessment. Both are listed as key inputs to Perform Qualitative Risk Analysis in the PMBOK Guide.
Cost estimates and cost forecasts are inputs to cost-related processes and to Perform Quantitative Risk Analysis, not qualitative risk analysis.
The basis of estimates is an input to Estimate Costs and Estimate Activity Durations, not to Perform Qualitative Risk Analysis.
The project charter is an input to earlier initiating processes; it is not a direct input to Perform Qualitative Risk Analysis.
Concept tested: Inputs to Perform Qualitative Risk Analysis
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
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