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Oliver 175 - 16th Question

jyotimayank
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Oliver 175 - 16th Question

Postby jyotimayank Fri Dec 09, 2016 12:28 pm

Question 16

Which document is developed along the risk management processes from identify
risks through perform qualitative risk analysis to control risks?

A. List of risk triggers
B. Risk register
C. Risk mitigation
D. Decision tree
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abhavisetty
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Re: Oliver 175 - 16th Question

Postby abhavisetty Fri Dec 09, 2016 2:17 pm

B. Risk register
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Re: Oliver 175 - 16th Question

Postby jyotimayank Tue Dec 13, 2016 12:58 pm

Yes Aravind the correct answer is option B.

The primary outputs from the Identify Risks process are the initial entries into the Risk Register, which becomes a component of the project management plan.
Refer to page 327, 333, and 354. of PMBOK® Guide 5th Edition
Qualitative Risk Analysis :
• Its the process of assessing the impact and likelihood of identified risks. It is a subjective analysis of risks.
• The probability and consequences of the risks are evaluated using established qualitative-analysis methods and tools.
– Risk probability is the likelihood that risk will occur
– Risk consequences are the effect on the project objectives if the risk event occurs
• Main output is an ordered list of potential risks, documented in an updated Risk Register


You can refer to the following link for more insight of this topic

http://www.izenbridge.com/videogallery/ ... zenbridge/
Jyoti Gupta
PMP Mentor & Coach

iZenbridge Consultancy Pvt Ltd

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