PMI-RMP · Question #196
You and your project team have identified the project risks and now are analyzing the probability and impact of the risks. What type of analysis of the risks provides a quick and high-level review…
The correct answer is D. Qualitative risk analysis. Qualitative Risk Analysis provides a quick, high-level, and subjective review of identified risks based on their probability of occurrence and their potential impact. It prioritizes risks using scales (e.g., high/medium/low) and tools like a probability-impact matrix, without…
Question
You and your project team have identified the project risks and now are analyzing the probability and impact of the risks. What type of analysis of the risks provides a quick and high-level review of each identified risk event?
Options
- AA risk probability-impact matrix
- BQuantitative risk analysis
- CSeven risk responses
- DQualitative risk analysis
How the community answered
(20 responses)- A5% (1)
- D95% (19)
Explanation
Qualitative Risk Analysis provides a quick, high-level, and subjective review of identified risks based on their probability of occurrence and their potential impact. It prioritizes risks using scales (e.g., high/medium/low) and tools like a probability-impact matrix, without requiring numerical data or statistical modeling. Quantitative Risk Analysis (B) goes deeper - it assigns numerical values to risks (e.g., EMV, Monte Carlo simulation) and is more time-consuming. Option A (probability-impact matrix) is a tool used within qualitative analysis, not the process itself. Qualitative analysis is always performed before quantitative and serves as the rapid triage of the risk register.
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