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Question 459 - PRINCE2-7-Foundation discussion

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

A.
How soon each risk might occur
Answers
A.
How soon each risk might occur
B.
The fallback plan for each risk
Answers
B.
The fallback plan for each risk
C.
The likelihood and the effect of each risk on objectives
Answers
C.
The likelihood and the effect of each risk on objectives
D.
The speed with which the effect of each risk will be felt
Answers
D.
The speed with which the effect of each risk will be felt
Suggested answer: C

Explanation:

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)

asked 23/09/2024
Garvey Butler
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