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The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and?

creating a list of prioritized risks describes which of the following processes?

A. Qualitative Risk Analysis

B. Quantitative Risk Analysis

C. Risk Identification

D. Risk Management Planning

Risk Management Project Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/08/11
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Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Answer: A

Explanation: The purpose of Qualitative Risk Analysis is to determine what impact the identified risks will have on the project and the probability they'll occur. It also puts risks in priority order according to their effects on the project objectives and assigns a risk score for the project.

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