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Which of the following are true regarding project risk management?

A. None of the statements are true B. Risks identification involves deciding how to plan and execute risk management activities C. Qualitative risk analysis involves numerically analyzing the impacts of identified risks D. Qualitative risk analysis involves prioritizing risk by their impact and probability of occurrence E. Risk management involves determining which risk might effect the proje

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2019/05/01
Johnny Ibrahim
by Johnny Ibrahim , Operations Manager , Mitts And Trays Restaurants And Cafes Chain

a well studied and comprehenssive SWOT ANALYSIS STUDY should be carried out in order to asses the risks to opportunities in the MARKET PLACE

Johnny Ibrahim
by Johnny Ibrahim , Operations Manager , Mitts And Trays Restaurants And Cafes Chain

a well studied and comprehenssive SWOT ANALYSIS STUDY should be carried out in order to asses the risks to opportunities in the MARKET PLACE

mohamed ali mohamed abdulhakim
by mohamed ali mohamed abdulhakim , مهندس موقع ومدير مشروع , العزام العربية للتجارة والمقاولات

before making plane:

-identify stakeholders 

and analysis   stake holders expectation 

-the outlin for the palne

-must comply with organization rules

then make plane

 

Mohamed Badawy  CIA CISA CFE CRMA CCSA CertIFR
by Mohamed Badawy CIA CISA CFE CRMA CCSA CertIFR , Internal Audit Manager , Communications Solutions Company, Lafana Group.

Thanks a lot for inviting me to answer this question;

The correct answer (in my opinion) is D.

B. Is incorrect as it describes risk response process (not risk identification).

C. is incorrect as it  describes the Quantitative risk analysis (not  the qualitative).

E. Is incorrect as it describes the risk identification process (not risk management in its broad term).

Good Luck.

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

D. Qualitative risk analysis involves prioritizing risk by their impact and probability of occurrence 

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