PMP (Project Management Professional) · Question
What is the process of prioritizing risks for further analysis or action by assessing their probability and impact?
Qualitative Risk Analysis prioritizes individual project risks for further analysis or action by assessing their probability of occurrence and impact.
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Question: What is the process of prioritizing risks for further analysis or action by assessing their probability and impact?
Answer options:
- Identify Risks ✅ Perform Qualitative Risk Analysis
- Perform Quantitative Risk Analysis
- Plan Risk Responses
Correct answer: Perform Qualitative Risk Analysis
Explanation: Qualitative Risk Analysis prioritizes individual project risks for further analysis or action by assessing their probability of occurrence and impact.
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Question explanations
- What is the primary output of the 'Direct and Manage Project Work' process?
- Which project management approach emphasizes frequent communication, self-organizing teams, and adapting to ch
- Which of the following is an output of the 'Develop Project Charter' process?
- Which type of risk response strategy involves shifting the impact of a threat along with ownership to a third
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