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11 - PROJECT RISK MANAGEMENT

11.3 Perform Qualitative risk Analysis

Perform Qualitative Risk Analysis is the process of prioritizing risks for further analysis or action by assessing
and combining their probability of occurrence and impact. The key benefit of this process is that it enables project
managers to reduce the level of uncertainty and to focus on high-priority risks. The inputs, tools and techniques,
and outputs of this process are depicted in Figure 11-8. Figure 11-9 depicts the data flow diagram of the process.

Inputs Tools & Techniques Outputs

.1 Risk management plan .1 Risk probability and .1 Project documents
.2 Scope baseline impact assessment updates
.3 Risk register .2 Probability and impact
.4 Enterprise environmental matrix
factors .3 Risk data quality
.5 Organizational process assessment
assets .4 Risk categorization
.5 Risk urgency assessment
.6 Expert judgment

Figure 11-8. Perform Qualitative risk Analysis: Inputs, tools & techniques, and outputs

Project Risk Management
11.1 11.2
Plan Risk Identify
Management Risks
5.4
Create • Risk management • Risk register
WBS plan

• Scope baseline 11.3
Perform Project
Qualitative Documents
• Enterprise Risk Analysis • Project documents
environmental updates
factors
• Organizational
Enterprise/ process assets
Organization

Figure 11-9. Perform Qualitative risk Analysis data Flow diagram

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