____ involves prioritizing risks based on their probability and impact of occurrence.
A)Performing qualitative risk analysis
B)Planning risk management
C)Planning risk responses
D)Performing quantitative risk analysis

Question

Quizplus · Accepted Answer

Performing qualitative risk analysis is the process of prioritizing risks based on their probability and impact of occurrence. Planning risk management is the process of deciding how to approach and conduct risk management activities, planning risk responses is the process of developing options and actions to enhance opportunities and reduce threats, and performing quantitative risk analysis is the process of numerically analyzing the combined effect of identified individual project risks on overall project objectives.

____ Involves Prioritizing Risks Based on Their Probability and Impact