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PMI-RMP Exam - Topic 2 Question 13 Discussion

David is the project manager of HGF project for his company. David, the project team, and several key stakeholders have completed risk identification and are ready to move into qualitative risk analysis. Tracy, a project team member, does not understand why they need to complete qualitative risk analysis. Which one of the following is the best explanation for completing qualitative risk analysis ?
D) It is a rapid and cost-effective means of establishing priorities for the plan risk responses and lays the foundation for quantitative analysis.
A) It is a cost-effective means of establishing probability and impact for the project risks.
B) Qualitative risk analysis helps segment the project risks, create a risk breakdown structure, and create fast and accurate risk responses.
C) All risks must pass through quantitative risk analysis before qualitative risk analysis.

PMI-RMP Exam - Topic 2 Question 13 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 13
Topic #: 2
[All PMI-RMP Questions]

David is the project manager of HGF project for his company. David, the project team, and several key stakeholders have completed risk identification and are ready to move into qualitative risk analysis. Tracy, a project team member, does not understand why they need to complete qualitative risk analysis. Which one of the following is the best explanation for completing qualitative risk analysis ?

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Suggested Answer: D

by Lemuel at May 06, 2022, 05:30 PM

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Leota
10 months ago
I get it now, it really helps in managing risks better.
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Tiera
11 months ago
It's all about cost-effectiveness and quick prioritization!
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Lauryn
11 months ago
Wait, why do we need this before quantitative analysis? Seems backwards.
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Mattie
11 months ago
Totally agree, it sets the stage for deeper analysis!
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Felicidad
11 months ago
Qualitative risk analysis helps prioritize risks effectively.
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Delsie
11 months ago
I feel like option B could be relevant too since it talks about segmenting risks and creating a structure, but I’m leaning towards D for the priority aspect.
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Malcom
11 months ago
I’m a bit confused about the difference between qualitative and quantitative analysis. I thought all risks had to go through quantitative first, but that might not be right.
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Renea
11 months ago
I think option D sounds familiar because it mentions establishing priorities for risk responses, which is something we practiced in our mock exams.
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Kattie
11 months ago
I remember that qualitative risk analysis is about prioritizing risks based on their impact and likelihood, but I'm not sure which option best explains its purpose.
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Bong
12 months ago
Okay, I've got an idea. I'll try to break down the key parts of the question and see if I can figure it out.
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Valentin
12 months ago
This is a tricky one. I'm not super familiar with the differences between the Subscriber, Individual, and Contact objects. I'll need to do a quick refresh on those before deciding which one to recommend.
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Stephaine
12 months ago
Hmm, I'm a bit unsure about this one. I need to make sure I understand the key aspects of requirements gathering for this delivery scheduling system.
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Wendell
12 months ago
This seems like a straightforward question about the increased use of color printing in business. I'll need to carefully consider the options and choose the two that best explain the trend.
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