PMP Question of the Week: Qualitative Risk Analysis

pmpweek01The project manager and several team members have worked together on two previous projects that ended unsuccessfully. The team is now performing qualitative risk analysis to review and rank over 100 possible risks for the next project. Which approach to qualitative risk analysis should they take?

A. Their past project failures will probably influence the way they approach risk management on this project.
B. They should develop a risk response for each of the risks listed on the risk register.
C. They should invite a risk expert or someone external to the project to review the risks and offer input on risk analysis.
D. Their past failures will ensure success on this project because they are now more aware of risks.

Reveal Answer

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