The only output of qualitative risk analysis is risk register updates.
When the project manager updates the risk register he will need to include several pieces of information including all of the following except for which one?
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A. B. C. D.B.
The risk matrix is not included as part of the risk register updates.
There are seven things that can be updated in the risk register as a result of qualitative risk analysis: relating ranking of project risks, risks grouped by categories, causes of risks, list of near-term risks, risks requiring additional analysis, watchlist of low- priority risks, trends in qualitative risk analysis.
Incorrect Answers: A: Trends in qualitative risk analysis are part of the risk register updates.
C: Risks grouped by categories are part of the risk register updates.
D: Watchlist of low-priority risks is part of the risk register updates.
The statement "The only output of qualitative risk analysis is risk register updates" is incorrect. Qualitative risk analysis is a process that involves identifying, assessing, and prioritizing risks based on their probability and potential impact on project objectives. The output of qualitative risk analysis includes:
Risk register updates: This includes documenting the identified risks and their attributes, such as their likelihood of occurring, potential impact, risk owner, and risk response strategies.
Prioritized list of risks: This list includes the identified risks ranked based on their probability and potential impact.
Trends in qualitative risk analysis: This involves analyzing the results of the qualitative risk analysis to identify trends and patterns in the risks identified.
Risks grouped by categories: Risks can be grouped by categories such as technical risks, organizational risks, external risks, or project management risks. This helps in understanding the nature of the risks and identifying common themes.
Watchlist of low-priority risks: This list includes risks that are deemed to have a low probability of occurring or a low impact on project objectives. These risks are monitored periodically to ensure that they do not escalate to become significant risks.
Therefore, all of the options mentioned in the question are typically included in the risk register updates, except for option D, which is not a required piece of information. A watchlist of low-priority risks may be created and maintained separately from the risk register.