Question # 69

A newly appointed risk manager for a critical project is working with a project team to develop a risk management strategy. One team member suggested creating an influence diagram to help analyze the options, risks, outcomes, and their relationships. Another team member feels the influence diagram is not enough because this project is important and complex.

Which approach should the risk manager take to improve the quality of the project risk analysis?

Options:

A.

Use brainstorming to identify more possible risks.

B.

Use a Monte Carlo simulation to identify risks.

C.

Use a work breakdown structure (WBS) to help analyze risks.

D.

Use a qualitative or quantitative analysis to analyze identified risks.

Viewing question 69 out of 74 questions
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