CSSLP: Certified Secure Software Lifecycle Professional

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QuestionQ59

VerifiedSecure Software Lifecycle Management

You are a project manager at BlueWell Inc. While working on a project, management wants a rapid, cost-effective way to establish priorities for planning project risk responses. Which risk management process can meet management's objective for the project?

Explanation

Qualitative risk analysis evaluates each identified risk’s probability and impact to prioritize risks for response planning. It uses relative ratings and a probability-impact matrix, so it generally requires less time and fewer resources than quantitative analysis. PMI describes qualitative assessment as cheaper and faster and notes that its rankings help determine which risks to address first.

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