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You are currently in the process of prioritizing risks by their impact or probability of occurrence. Which of following ?

tools/ techniques are LEAST useful? A. Risk categorization B. Risk data quality assessment C. Risk urgency assessment D. Probability impact matrix E. Root cause identification

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2019/04/04
عبدالرحمن ملا
by عبدالرحمن ملا , جوكر , فندق كونراد مكه

Remove the hazerd and alimniton the risk

RAJA RAM SAINI
by RAJA RAM SAINI , Civil Engineer , Consolidated Contractors Company - Saudi Arabia

I am here refinary & ternminal project which genrally have dynamic sites so here we have to analyze the hazards before opening the front and apply Cautions as per risk level

Arup Sarkar
by Arup Sarkar , general manager marketing , Fibro Plastichem India Pvt LTD

Adequate fire Safety measures are most important to overcome accident. Other safety rules to be followed by all inside factory

Mayolyn Umupang
by Mayolyn Umupang , Secretary/time keeper , M.O de guzman construction supply

C. risk urgency assessment

Nilesh Joshi
by Nilesh Joshi , Business Development Manager , British Citizen

E, Root Cause identification

Omar Saad Ibrahem Alhamadani
by Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

In my opinion it is D. Probability impact matrix.

Mahmoud DAASSI
by Mahmoud DAASSI , Engineering and Operations Director , OKFOODS Cameroon (biscuits-wafer-lollipops-candy-milk)

the risks are defined according to their probability of occurance and their impact on the project in terms of time, cost and quality

a rating scale must be defined to affect the risks.

Subsequently, a probability and impact matrix will be made to prioritize action on the risks