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All of the following are true regarding the Qualitative Risk Analysis process except which one?

 A. Risk urgency assessment is a tool and technique of this process used to determine which risks need near-term response plans. B. The probability and impact matrix is used during this process to assign red, yellow, and green conditions to risks. C. Qualitative Risk Analysis is an easy method of determining risk probability and impact that usually takes a good deal of time to perform. D. Probability and impact and expert interview are used to help correct biases that occur in the data you've gathered during this process.

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/01/18
Aneesh Shandilya
by Aneesh Shandilya , Manager/ Lead Electrical , Orpic

Option C is the correct answer.

Christian Ramos
by Christian Ramos , Rollout Manager , Nokia

C. Qualitative Risk Analysis is an easy method of determining risk probability and impact that usually takes a good deal of time to perform. 

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Answer: CExplanation: Qualitative Risk Analysis is a fast and easy method of determining probability and impact.

Zaferullah Sharief, PMP®
by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Option C is the best choice.