PgMP Program Manager Exam Prep

Answer - B - “Quantitative risk analysis can be performed only on the risks on which the qualitative risk analysis has already been performed” is a false statement.

Key Takeaway: Qualitative risk analysis looks at the potential risks of a program and determines the probability that a given risk will occur and the impact that risk will have upon the program deliverables if it should occur. The results of the qualitative risk help to prioritize which risks will then go to quantitative analysis. Quantitative risk analysis uses a numerical technique to analyze the effects that a given risk will have upon program deliverables if the risk should occur. Although qualitative risk analysis is usually performed before the quantitative risk analysis, it does not have to be performed first.