Which one of the following is NOT an accomplishment of the qualitative risk analysis process?

You are the project manager of the GHQ project for your company. You are working with your project team to prepare for the qualitative risk analysis process. Mary, a project team member, does not understand why you need to complete qualitative risks analysis. You explain to Mary that qualitative risks analysis helps you determine which risks needs additional analysis. There are also some other benefits that qualitative risks analysis can do for the project. Which one of the following is NOT an accomplishment of the qualitative risk analysis process?

Question:

Which one of the following is NOT an accomplishment of the qualitative risk analysis process?

Options:

Corresponding impact on project objectives

Time frame for a risk response

Prioritization of identified risk events based on probability and impact

Cost of the risk impact if the risk event occurs

Correct Answer

The Correct Answer for this Question is

Cost of the risk impact if the risk event occurs

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