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PMI-RMP · Question #300

You are the project manager for a new website for the local zoo. You need to perform Qualitative Risk Analysis. When you've completed this process, you'll produce all of the following as part of the…

The correct answer is A. Probability of achieving time and cost estimates. Qualitative Risk Analysis produces outputs such as prioritized risk lists, grouped risk categories, and watch lists, but does NOT produce the probability of achieving time and cost estimates, which is a Quantitative Risk Analysis output.

Risk Process Facilitation

Question

You are the project manager for a new website for the local zoo. You need to perform Qualitative Risk Analysis. When you've completed this process, you'll produce all of the following as part of the risk register update output except which one?

Options

  • AProbability of achieving time and cost estimates
  • BWatch list of low-priority risks
  • CPriority list of risks
  • DRisks grouped by categories

How the community answered

(15 responses)
  • A
    73% (11)
  • B
    7% (1)
  • D
    20% (3)

Why each option

Qualitative Risk Analysis produces outputs such as prioritized risk lists, grouped risk categories, and watch lists, but does NOT produce the probability of achieving time and cost estimates, which is a Quantitative Risk Analysis output.

AProbability of achieving time and cost estimatesCorrect

Probability of achieving specific time and cost estimates is produced through Quantitative Risk Analysis techniques such as Monte Carlo simulation and sensitivity analysis, which generate numerical probability distributions. Qualitative Risk Analysis only ranks and prioritizes risks based on probability and impact using descriptive scales, not statistical projections of schedule or cost outcomes.

BWatch list of low-priority risks

A watch list of low-priority risks is a standard output of Qualitative Risk Analysis, used to monitor risks that do not warrant immediate active response.

CPriority list of risks

A priority list of risks ranked by their assessed probability and impact is a core output of Qualitative Risk Analysis.

DRisks grouped by categories

Grouping risks by category such as technical, external, or organizational is a standard output of Qualitative Risk Analysis that helps identify patterns and root causes.

Concept tested: Qualitative vs. Quantitative Risk Analysis outputs

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

Topics

#Qualitative Risk Analysis#Risk Register Updates#Risk Management Outputs#PMI-RMP Processes

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