Crucial Exams

PMI Project Management Professional Practice Question

When managing projects, why is it most effective to use a dynamic risk assessment tool that incorporates both quantitative and qualitative factors in real-time to prioritize risks?

  • It enables prioritization based on static risk assessments conducted at the project's initiation.

  • It entirely excludes qualitative assessments, relying only on numeric probability and impact estimates.

  • It offers an evolving view, integrating the latest quantitative and qualitative risk data.

  • It focuses exclusively on qualitative factors, gauging risks based on team and stakeholder opinions.

PMI Project Management Professional
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