GAQM Exam APM-001 Topic 5 Question 55 Discussion

Actual exam question for GAQM's APM-001 exam

Question #: 55
Topic #: 5

[All APM-001 Questions]

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 Douglass at Jul 05, 2024, 08:53 AM

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Donette

4 months ago

I think it's important to use the matrix to define risk and compare impacts during Perform Quantitative Risk Analysis, to make informed decisions.

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Vashti

4 months ago

I believe it also helps in developing a risk register for risk planning, so we can effectively manage and mitigate risks.

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Celeste

5 months ago

I agree with Jani, it helps in determining which risks are most critical and need immediate attention.

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Jani

5 months ago

Haha, I bet the exam writer thought they could trick us with that one. C is the clear answer here.

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Vannessa

5 months ago

Definitely C. The probability and impact matrix is a great way to visualize and prioritize risks during the qualitative analysis stage.

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Kris

5 months ago

I agree with Hyun. The probability and impact matrix is a tool used in the Perform Qualitative Risk Analysis process, not for quantifying risks or defining them.

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Hyun

5 months ago

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

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Ronny

4 months ago

It's a valuable tool for making informed decisions on how to manage risks effectively.

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Jamal

4 months ago

Yes, it helps in determining the significance of risks and prioritizing them accordingly.

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Avery

4 months ago

By using the matrix, we can prioritize risks based on their potential impact and likelihood of occurrence.

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Ben

4 months ago

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

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Elli

5 months ago

It helps us understand the significance of each risk in relation to the project objectives.

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Olga

5 months ago

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

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Jani

5 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

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