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CAPM - Risk Identification and Assessment - Qualitative Risk Assessment
Intermediate
1/5
In a Qualitative Risk Assessment, what is the primary purpose of using a Probability and Impact Matrix?
a.
To rank risks according to their influence on stakeholder satisfaction levels
b.
To categorize risks based on their likelihood and potential effect
c.
To calculate the exact numerical value of each risk's impact on the project
d.
To determine the specific budget allocation for risk mitigation strategies
Intermediate