BCS Exam ISEB-PM1 Topic 10 Question 74 Discussion

Actual exam question for BCS's ISEB-PM1 exam

Question #: 74
Topic #: 10

[All ISEB-PM1 Questions]

Which process uses occurrence probability and impact on project objectives to assess the priority of identified risks?

ARisk identification

BQualitative risk analysis

CRisk management planning

DQuantitative risk analysis

Show Suggested Answer

Suggested Answer: B

by Arthur at May 21, 2024, 09:30 AM

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Latanya

6 months ago

I'm feeling lucky, so I'll go with D) Quantitative risk analysis. Who needs qualitative analysis when you can crunch some numbers, right?

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Selene

6 months ago

B) Qualitative risk analysis, no doubt about it. That's where the project manager gets to play fortune teller and gaze into the crystal ball of risk.

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Cristy

5 months ago

C) Risk management planning is crucial, but for assessing priority of risks, I agree that B) Qualitative risk analysis is the way to go.

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Lewis

5 months ago

B) Yes, in Qualitative risk analysis, we consider the probability and impact of risks on project objectives.

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Marg

5 months ago

C) Risk management planning is crucial, but B) Qualitative risk analysis helps prioritize those risks based on probability and impact.

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Jettie

5 months ago

B) I agree, it's like predicting the future of the project based on the risks identified.

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Victor

5 months ago

A) Risk identification is important, but I think B) Qualitative risk analysis is where we really prioritize the risks.

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Octavio

5 months ago

A) Risk identification is important, but I think B) Qualitative risk analysis is where the real magic happens.

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Devorah

6 months ago

Ah, tricky one! I'm going to go with C) Risk management planning. Doesn't that involve prioritizing the risks based on their potential impact?

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Cory

6 months ago

D) Quantitative risk analysis seems like the right choice here. It's all about using numerical data to assess the priority of risks.

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Jaclyn

5 months ago

B) Qualitative risk analysis also considers probability and impact, but it's more focused on subjective assessments rather than numerical data.

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Matthew

5 months ago

D) Quantitative risk analysis is definitely the process that uses occurrence probability and impact to assess risk priority.

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Cary

5 months ago

B) Qualitative risk analysis is more focused on assessing the overall impact and likelihood of risks, rather than using numerical data.

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Laticia

6 months ago

A) Risk identification is important, but it doesn't specifically use occurrence probability and impact to assess priority.

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Elliott

6 months ago

A) Risk identification is important, but it doesn't specifically use occurrence probability and impact to assess risk priority.

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Ramonita

6 months ago

B) Qualitative risk analysis also considers probability and impact, but it doesn't involve numerical data like quantitative risk analysis does.

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Kristeen

6 months ago

A) Risk identification is important, but it doesn't specifically use occurrence probability and impact to assess risk priority.

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Naomi

7 months ago

I think the correct answer is B) Qualitative risk analysis. That's the process that focuses on the likelihood and impact of the identified risks.

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Charolette

5 months ago

Agreed, qualitative risk analysis plays a key role in prioritizing risks.

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Erick

5 months ago

Absolutely, it allows for better decision-making in risk management.

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Roxane

6 months ago

It's crucial to understand the likelihood and impact of each risk.

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Candra

6 months ago

That's right, it's an important step in managing risks effectively.

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Rose

6 months ago

So, it helps assess the priority of identified risks.

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Yolande

6 months ago

Yes, that process considers the occurrence probability and impact on project objectives.

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Chaya

6 months ago

I believe the correct answer is B) Qualitative risk analysis.

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Stefany

6 months ago

Yes, that process helps prioritize risks based on their potential impact on project objectives.

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Cecily

6 months ago

I agree, qualitative risk analysis is all about assessing the probability and impact of risks.

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