You work as a project manager for BlueWell Inc. Management has asked you to work with the key project stakeholder to analyze the risk events you have identified in the project. They would like you to analyze the project risks with a goal of improving the project’s performance as a whole. What approach can you use to achieve the goal of improving the project’s performance through risk analysis with your project stakeholders?
Question:
What approach can you use to achieve the goal of improving the project’s performance through risk analysis with your project stakeholders?
Options:
Focus on the high-priority risks through qualitative risk analysis
Involve the stakeholders for risk identification only in the phases where the project directly affects them
Involve subject matter experts in the risk analysis activities
Use qualitative risk analysis to quickly assess the probability and impact of risk events
Correct Answer
The Correct Answer for this Question is
Focus on the high-priority risks through qualitative risk analysis
