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PRINCE2-7-Foundation Exam - Topic 5 Question 19 Discussion

Actual exam question for PRINCE2's PRINCE2-7-Foundation exam
Question #: 19
Topic #: 5
[All PRINCE2-7-Foundation Questions]

What does qualitative analysis of a risk assess, as a minimum?

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Suggested Answer: C

Qualitative analysis of a risk in PRINCE2 assesses, at a minimum, the likelihood of each risk occurring and its potential impact on project objectives. This analysis helps in prioritizing risks based on their severity and likelihood, which is crucial for effective risk management and decision-making about risk responses. Reference: (PRINCE2 7 Foundation Handbook, AXELOS)


by Larue at Nov 16, 2024, 05:15 PM

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Mel
3 months ago
B sounds interesting, but is it really a minimum requirement?
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Ronny
4 months ago
Totally agree with C! It covers the essentials.
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Tiera
4 months ago
Wait, how can you predict the likelihood accurately?
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Bev
4 months ago
I think A is important too, though.
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Jolene
4 months ago
C is definitely a must!
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Mitsue
5 months ago
I’m a bit confused about how soon risks might occur. Is that really a part of qualitative analysis?
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Jaclyn
5 months ago
I feel like we practiced a question similar to this, and it emphasized understanding the effects of risks on objectives.
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Sherita
5 months ago
I remember discussing fallback plans in class, but I’m not sure if that’s part of qualitative analysis.
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Xuan
5 months ago
I think qualitative analysis focuses on the likelihood and impact of risks, so I’m leaning towards option C.
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Janey
5 months ago
Wait, I'm a bit confused. Is the question asking about the minimum requirements for qualitative risk analysis, or is it asking about something else? I want to make sure I understand this properly before I answer.
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Becky
5 months ago
Okay, I've got this. Qualitative risk analysis is all about assessing the likelihood and potential impact of risks, not just how soon they might occur or the fallback plans. I'm feeling good about selecting the right answer here.
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Margarita
5 months ago
Hmm, I'm not totally sure about this. I know qualitative risk analysis looks at the likelihood and impact of risks, but I'm not 100% sure if that's the minimum requirement. I'll have to think this through carefully.
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Gladys
5 months ago
This looks like a pretty straightforward question about risk analysis. I'm pretty confident I can handle this one.
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Tiera
1 year ago
Haha, A and D sound like they're trying to sneak in some project management jargon. C is the clear winner here.
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Mee
1 year ago
C is the way to go. Fallback plans and timing are important, but the core of qualitative risk analysis is understanding the risks themselves.
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Brandon
1 year ago
Whoa, D is a bit too specific. I'd go with C - it covers the basics of what a qualitative risk assessment should include.
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Sanjuana
1 year ago
I think B is also crucial to have in place as a backup plan for each risk.
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Ryann
1 year ago
I agree, C is definitely important to consider in a risk assessment.
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Sarina
1 year ago
Definitely C. Identifying the likelihood and effect of risks is the bare minimum for any decent risk analysis.
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Winifred
1 year ago
Knowing the likelihood and effect of risks helps prioritize which ones to address first.
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Therese
1 year ago
C is definitely crucial for making informed decisions about risk management.
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Joye
1 year ago
Without knowing the likelihood and effect of risks, it's hard to plan for them.
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Dona
1 year ago
I agree, C is essential for understanding the impact of risks.
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Krystina
1 year ago
I believe the qualitative analysis also looks at how soon each risk might occur.
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Rima
1 year ago
I agree with Antonio, it's important to understand how each risk can impact our objectives.
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Tarra
1 year ago
The correct answer is C. Qualitative risk analysis should assess the likelihood and impact of each risk on the project objectives.
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Devora
1 year ago
D) The speed with which the effect of each risk will be felt
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Winfred
1 year ago
C) The likelihood and the effect of each risk on objectives
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Dierdre
1 year ago
B) The fallback plan for each risk
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Joni
1 year ago
A) How soon each risk might occur
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Antonio
1 year ago
I think the qualitative analysis assesses the likelihood and effect of each risk on objectives.
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