PMBOK 6th Ed. 11.3. The answer is A - Perform Qualitative Risk Analysis - the process of prioritizing project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics.
Other Options:
B. Perform Quantitative Risk Analysis: Focuses on numerically analyzing the effect of risks on overall project objectives, but does not prioritize risks.
C. Plan Risk Responses: Involves developing options and actions to address prioritized risks, not the prioritization itself.
D. Implement Risk Responses: Executes the planned risk response strategies.
A. Perform Qualitative Risk Analysis
The process in Project Risk Management that prioritizes project risks is "Perform Qualitative Risk Analysis." In this process, project risks are assessed and prioritized based on their impact and probability. Qualitative risk analysis assigns a risk rating to each identified risk, allowing project managers to focus their attention on the most significant and potentially impactful risks. This prioritization helps in determining which risks require further analysis (quantitative risk analysis) and which risks require the development of risk response plans (plan risk responses).
Right answer is A: 11.3 Perform Qualitative Risk Analysis—The process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics.
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