But to help with a “next” level of qualitative risk analysis, you could use a_________

You are managing a moderately risky project. You have done well identifying risks and assessing them both on the probability of the risk event occurring and on the level of impact that the risk could have on your project if it actually occurred. But to help with a “next” level of qualitative risk analysis, you could use a_________Risks that may occur in the near-term need urgent attention. The purpose of the risk urgency assessment is to identify those risks that have a high likelihood of occurring. Assessing risk urgency can be combined with the risk ranking that is determined from the probability and impact matrix for a final risk severity rating.

Question:

But to help with a “next” level of qualitative risk analysis, you could use a_________

Options:

Risk priority assessment

Risk quality assessment

Risk urgency assessment

Quantitative risk analysis

Correct Answer

The Correct Answer for this Question is

Risk urgency assessment

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