Who is correct in this scenario?

Nancy is the project manager of the NHH project. She and the project team have identified a significant risk in the project during the qualitative risk analysis process. Bob is familiar with the technology that the risk is affecting and proposes to Nancy a solution to the risk event. Nancy tells Bob that she has noted his response, but the risk really needs to pass through the quantitative risk analysis process before creating responses. Bob disagrees and ensures Nancy that his response is most appropriate for the identified risk. Who is correct in this scenario?

Question:

Who is correct in this scenario?

Options:

Bob is correct. Bob is familiar with the technology and the risk event so his response should beimplemented.

Bob is correct. Not all risk events have to pass the quantitative risk analysis process to develop effectiverisk responses.

Nancy is correct. All risks of significant probability and impact should pass the quantitative risk analysisprocess before risk responses are created.

Nancy is correct. Because Nancy is the project manager she can determine the correct procedures for riskanalysis and risk responses. In addition, she has noted the risk response that Bob recommends.

Correct Answer

The Correct Answer for this Question is

Bob is correct. Not all risk events have to pass the quantitative risk analysis process to develop effectiverisk responses.

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