Hello everyone! Here is this week's free PMP exam sample question from the PM Exam Simulator.

Why would you need to do qualitative risk analysis?

A. To develop options and actions to enhance opportunities and to reduce threats to project objectives.
B. To determine which risk might affect the project.
C. To prioritize risks for subsequent further analysis or action by assessing and combining their probability of occurence and impact.
D. To decide how to approach, plan and execute the risk management activities.

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HINT: This process is used to highlight the high priority risks.

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Answer and Explanation:
The correct answer is C.

The Perform Qualitative Risk Analysis process prioritizes risk for further analysis or action by assessing and combining their probability of occurence and impact.