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A project manager asked various stakeholders to determine the probability and impact of the no. of risks. He then analyzed assumptions, he is about to move to the next step of risk management. Based on this information, what has the project manager forgotten to do?
a) Evaluate trends in risk analysis
b) Identify triggers
c) Provide a standardized risk rating matrix
d) Create a fallback planThe correct answer is C.
The activities of the Perform Qualitative Risk Analysis process are probability and impact definition, assumptions testing (data quality assessment), and probability and impact matrix development.
Pass PMP in the First Attempt : PMP Strategy
Revise Risk Management Concepts: Project Risk Management
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