Qualitative Risk Analysis: Organizational Process Assets | Exam Prep

Organizational Process Assets for Qualitative Risk Analysis

Question

You are preparing to start the qualitative risk analysis process for your project.

You will be relying on some organizational process assets to influence the process.

Which one of the following is NOT a probable reason for relying on organizational process assets as an input for qualitative risk analysis?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

B.

Qualitative risk analysis is a process that is performed to evaluate the likelihood of the occurrence of identified risks and their impact on the project. Organizational process assets are an important input to the qualitative risk analysis process, as they provide information that can help inform and influence the process.

Option A: Information on prior, similar projects This is a valid reason for relying on organizational process assets as an input for qualitative risk analysis. By examining information on prior, similar projects, the project team can gain insights into the types of risks that may arise, the likelihood of these risks occurring, and the impact they could have on the project.

Option B: Review of vendor contracts to examine risks in past projects This is also a valid reason for relying on organizational process assets as an input for qualitative risk analysis. By reviewing vendor contracts from past projects, the project team can identify risks that were encountered and how they were managed. This information can help the team to identify potential risks for the current project and develop strategies to manage them.

Option C: Risk databases that may be available from industry sources This is a valid reason for relying on organizational process assets as an input for qualitative risk analysis. Risk databases can provide valuable information on the types of risks that are commonly encountered in the industry and the strategies that have been used to manage them.

Option D: Studies of similar projects by risk specialists This is also a valid reason for relying on organizational process assets as an input for qualitative risk analysis. By studying similar projects that have been conducted by risk specialists, the project team can gain insights into the risks that may arise and the strategies that can be used to manage them.

Therefore, all of the options are valid reasons for relying on organizational process assets as an input for qualitative risk analysis. None of them are not probable reasons.