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CompTIA Exam PK0-004 Topic 2 Question 48 Discussion

Actual exam question for CompTIA's PK0-004 exam
Question #: 48
Topic #: 2
[All PK0-004 Questions]

A project team is assessing individual project risks by evaluating the probability tor each one to occur, as well as the potential impact to project objectives using low, medium, and high values. The process the project team is using is known as:

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Suggested Answer: B

by Kattie at Feb 09, 2024, 05:48 PM

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Lyndia
6 months ago
That makes sense. So if we're using low, medium, and high values, it must be B) qualitative risk analysis.
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Cherrie
6 months ago
In qualitative risk analysis, we use subjective measures like low, medium, and high, while in quantitative risk analysis, we use numerical values and statistical tools.
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Suzan
7 months ago
I'm not sure, I'm between B) and C). Can someone explain the difference between qualitative and quantitative risk analysis?
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Lyndia
7 months ago
I agree with Cherrie, because in qualitative risk analysis, we assess risks based on probability and potential impact using values like low, medium, and high.
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Cherrie
7 months ago
I think the answer is B) qualitative risk analysis.
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Lonny
8 months ago
Haha, reminds me of that time in my last project when the team tried to use 'super high', 'kind of medium', and 'a little low' for their risk ratings. Needless to say, the project manager wasn't too impressed.
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Salena
8 months ago
Hmm, I was a bit unsure at first, but I think you guys are right. The key giveaway is that they're using those subjective 'low, medium, high' values instead of numerical probabilities and impacts.
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German
7 months ago
It's all about evaluating the impact on project objectives.
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Dierdre
7 months ago
That makes sense, qualitative analysis is the right choice here.
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Augustine
8 months ago
Quantitative analysis involves numerical values, not subjective ones.
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Garry
8 months ago
True, they're not using numerical probabilities.
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Jesusita
8 months ago
Yes, I agree. They're assessing based on subjective values.
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Elliot
8 months ago
A) risk response planning.
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Marg
8 months ago
B) qualitative risk analysis.
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Robt
8 months ago
Yeah, I agree. Qualitative risk analysis is the right answer here. They're not doing any numerical analysis or quantifying the risks, just using that simplified high-medium-low scale.
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Pauline
8 months ago
This question seems pretty straightforward. The process the team is using sounds like qualitative risk analysis to me, where they're evaluating the probability and impact of risks using low, medium, and high values.
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