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CBAP · Question #293

Which of the following is concerned with determining whether the information used for risk analysis is probable, of high class, or accurate?

The correct answer is D. Risk Data Quality Assessment. Risk Data Quality Assessment evaluates whether the data used in risk analysis is accurate, reliable, and sufficient to support sound decision-making.

Business Analysis Planning and Monitoring

Question

Which of the following is concerned with determining whether the information used for risk analysis is probable, of high class, or accurate?

Options

  • ARisk Urgency Assessment
  • BRisk Probability and Impact Assessment
  • CRisk Categorization
  • DRisk Data Quality Assessment

How the community answered

(37 responses)
  • A
    8% (3)
  • B
    14% (5)
  • C
    5% (2)
  • D
    73% (27)

Why each option

Risk Data Quality Assessment evaluates whether the data used in risk analysis is accurate, reliable, and sufficient to support sound decision-making.

ARisk Urgency Assessment

Risk Urgency Assessment ranks risks based on how quickly a response is needed, not on the quality or reliability of the data behind those risks.

BRisk Probability and Impact Assessment

Risk Probability and Impact Assessment measures how likely a risk is to occur and what its consequences would be, not whether the underlying data is credible.

CRisk Categorization

Risk Categorization groups identified risks by source, area, or phase to improve organization and analysis structure, not to validate data quality.

DRisk Data Quality AssessmentCorrect

Risk Data Quality Assessment is the process of examining how reliable and accurate the information underpinning risk analysis is, considering factors such as integrity, availability, and the degree to which it is understood. It ensures that risk analysis conclusions are not built on incomplete or biased data, making it the direct match for the question's focus on probability, class, and accuracy of risk information.

Concept tested: Risk data quality evaluation in risk management

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#risk data quality#risk assessment#risk analysis#risk management

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