You are the project manager for the NHH project. You are working with your project team to examine the project from four different defined perspectives to increase the breadth of identified risks by including internally generated risks. What risk identification approach are you using in this example?
A.
SWOT analysis
B.
Influence diagramming techniques
C.
Assumptions analysis
D.
Root cause analysis
Explanation:
This is an example of SWOT analysis. SWOT analysis examines the strengths, weaknesses, opportunities, and threats within the project and generated from within the organization.
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. It is a part of business policy that helps an individual or a company to make decisions. It includes the strategies to build the strength of a company and use the opportunities to make the company successful. It also includes the strategies to overcome the weaknesses of and threats to the company.
Answer option C is incorrect. Assumptions analysis does not use four pre-defined perspectives for review.
Answer option D is incorrect. Root cause analysis examines causal ors for events within the project.
Answer option B is incorrect. Influence diagramming techniques examines the relationships between things and events within the project.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"
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