Project Management Professional (PMP) Exam Practice – Question1874

You are managing a moderately risky project. You have done well identifying risks and assessing them both on the probability of the risk event occurring and on the level of impact that the risk could have on your project if it actually occurred. But to help with a
"next" level of qualitative risk analysis, you could use a______________


A.
Risk priority assessment
B. Risk quality assessment
C. Risk urgency assessment
D. Quantitative risk analysis

Correct Answer: C

Explanation:

Explanation:
Risks that may occur in the near-term need urgent attention. The purpose of the risk urgency assessment is to identify those risks that have a high likelihood of occurring. Assessing risk urgency can be combined with the risk ranking that is determined from the
probability and impact matrix for a final risk severity rating.