GAQM Exam APM-001 Topic 3 Question 45 Discussion

Actual exam question for GAQM's APM-001 exam

Question #: 45
Topic #: 3

The probability and impact matrix is primarily used to:

AQuantify risk issues for trends during a quality audit.

BDevelop a risk register for risk planning.

CEvaluate each risk's importance and priority during Perform Qualitative Risk Analysis.

DDefine risk and compare impacts during Perform Quantitative Risk Analysis.

Show Suggested Answer

Suggested Answer: C

by Fabiola at Mar 06, 2024, 07:34 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

7 months ago

It definitely plays a crucial role in risk management processes.

upvoted 0 times

...

7 months ago

Yes, that's true. It helps in documenting all identified risks and their characteristics.

upvoted 0 times

...

7 months ago

But isn't it also used to develop a risk register for risk planning?

upvoted 0 times

...

7 months ago

I agree, it helps in determining which risks need to be addressed first based on their impact and likelihood.

upvoted 0 times

...

7 months ago

I think the probability and impact matrix is used to evaluate each risk's importance and priority during Perform Qualitative Risk Analysis.

upvoted 0 times

...