What approach can a project manager use to improve the project’s performance during qualitative risk analysis?
A.
Analyze as many risks as possible regardless of who initiated the risk event.
B.
Focus on near-term risks first.
C.
Create a risk breakdown structure and delegate the risk analysis to the appropriate project team members.
D.
Focus on high-priority risks.
Explanation:
According to the PMBOK, organizations can improve the project’s performance by focusing on high-priority risks.
Answer option A is incorrect. This is not the best answer for the question as not all risks need to be analyzed.
Answer option C is incorrect. It is good to identify as many risks as possible, but not all risks need to be analyzed.
Answer option B is incorrect. A good strategy is to respond to risk events that are in the near term, more so than risk events that may happen later in the project, but this is not the best answer for this question.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"