Risk Management Exam - Perform Qualitaitive Risk Analysis

Below are my small notes for this process.  I used this in conjunction with the main notes, that I described in an earlier post.

• Process of prioritizing risks for further analysis and combining their prob of occurrence and impact.
• Improve performance by focus on high risks. Prioritize, Probability, impact on objectives
• A rapid and cost effective means to establish priority for plan Risk Responses

Inputs	Tools	Outputs
Risk Reg RMP Proj Scope Stat Org Proc	Prob & Impact An Prob and Impact Mtx Risk data qual ass Risk cat Risk urgency ass Exp Judgment	Risk Reg upd