While performing qualitative risk analysis on a software project, the team has already assigned probability-and-impact scores to 30 identified risks. The sponsor asks the project manager to highlight those threats that could materialize within the next two sprints so resources can be reserved immediately. Which additional assessment technique should the project manager apply to rank these near-term risks?
Risk Urgency Assessment focuses on how quickly a risk may impact the project and the time available to implement a response. By evaluating proximity, warning signs, and time-to-impact, the project manager can single out risks that demand immediate attention and incorporate that information into the overall prioritization. Impact, probability, and data-quality assessments measure other parameters but do not address timing.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
What is the purpose of a Risk Urgency Assessment?
Open an interactive chat with Bash
How does a Risk Urgency Assessment differ from a Risk Impact Assessment?
Open an interactive chat with Bash
What role do trigger conditions and warning signs play in a Risk Urgency Assessment?
Open an interactive chat with Bash
Project Management Professional
Process
Your Score:
Report Issue
Bash, the Crucial Exams Chat Bot
AI Bot
Loading...
Loading...
Loading...
Pass with Confidence.
Project Management Package
You have hit the limits of our free tier, become a Premium Member today for unlimited access.
Military, Healthcare worker, Gov. employee or Teacher? See if you qualify for a Community Discount.
Monthly
$9.99
$9.99/mo
Billed monthly, Cancel any time.
3 Month Pass
$19.99
$6.66/mo
One time purchase of $19.99, Does not auto-renew.
BEST DEAL
Lifetime Pass
$29.99
One time purchase, Good for life.
What You Get
All Project Management Package plans include the following perks and exams .