SOFTWARE PROJECT MANAGEMENT
RISK MANAGEMENT
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Question
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Question 91 of 100Question ID:613756You and your project team are developing a comprehensive list of individual project risks and sources of overall project risk. The team is performing data analysis to identify threats by starting with a problem statement and exploring which threats might result in the problem occurring. The project team is finding that the use of a why-why diagram is especially useful for this analysis.Which data analysis technique is being used by the project team?
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ARoot cause analysis
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BSensitivity analysis
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CRegression analysis
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DReserve analysis
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Explanation:
Detailed explanation-1: -A risk breakdown structure (RBS) helps the project team to look at many sources from which project risk may arise in a risk identification exercise.
Detailed explanation-2: -Step 1: Hazard identification. This is the process of examining each work area and work task for the purpose of identifying all the hazards which are “inherent in the job”. Step 2: Risk identification. Step 3: Risk assessment. Step 4: Risk control. Step 5: Documenting the process. Step 6: Monitoring and reviewing.
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