Qualitative Risk Analysis in Project Management | SoftTech Inc

Inputs to Qualitative Risk Analysis in Project Management

Question

You work as a project manager for SoftTech Inc.

You are working with the project stakeholders to begin the qualitative risk analysis process.

You will need all of the following as inputs to the qualitative risk analysis process except for which one?

Answers

Explanations

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A. B. C. D.

C.

The qualitative risk analysis process is a key process in project risk management that involves identifying and assessing risks based on their probability of occurrence and potential impact on the project's objectives. This process uses qualitative methods to evaluate risks based on their severity, likelihood, and other factors.

In this context, the inputs required for the qualitative risk analysis process are:

A. Risk management plan: This plan outlines the risk management approach, including the risk management processes, procedures, tools, techniques, roles and responsibilities, and communication requirements. This plan is essential to guide the qualitative risk analysis process and ensure that it aligns with the overall risk management strategy.

B. Risk register: This document contains a comprehensive list of identified risks, their attributes, and their status in the risk management process. It provides a basis for identifying, analyzing, and prioritizing risks during the qualitative risk analysis process.

C. Stakeholder register: This document contains information about stakeholders' interests, involvement, and communication requirements. It is useful for identifying risks related to stakeholders and ensuring that their perspectives are considered during the qualitative risk analysis process.

D. Project scope statement: This document describes the project's objectives, deliverables, and boundaries. While it is an essential input to several project management processes, it is not directly relevant to the qualitative risk analysis process.

Therefore, the correct answer to the question is D. Project scope statement.