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NEW QUESTION: 1
The process of assessing the probability and consequences of identified risks to the project objectives, assigning a risk score to each risk, and creating a list of prioritized risks describes which of the following processes?
A. Risk Identification
B. Risk Management Planning
C. Qualitative Risk Analysis
D. Quantitative Risk Analysis
The purpose of Qualitative Risk Analysis is to determine what impact the identified risks will have on the project and the probability they'll occur. It also puts risks in priority order according to their effects on the project objectives and assigns a risk score for the project.
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