You are the project manager of the GHQ project for your company. You are working you’re your project team to prepare for the qualitative risk analysis process. Mary, a project team member, does not understand why you need to complete qualitative risks analysis. You explain to Mary that qualitative risks analysis helps you determine which risks needs additional analysis. There are also some other benefits that qualitative risks analysis can do for the project. Which one of the following is NOT an accomplishment of the qualitative risk analysis process?
A.
Cost of the risk impact if the risk event occurs
B.
Corresponding impact on project objectives
C.
Time frame for a risk response
D.
Prioritization of identified risk events based on probability and impact