Question

NASA Risk Management Handbook uses a risk analysis using four assessments - "condition - departure - asset - consequence." The PMBoK uses two primary characteristics, they are?

a) Probability and impact
b) Cost and schedule
c) Quality and scope
d) Risk and mitigation

Answer 1

The PMBoK uses two primary characteristics, which are Probability and Impact, for risk analysis in project management.

Step-by-step explanation:

The PMBoK uses two primary characteristics for risk management, which are Probability and Impact. These characteristics help in assessing the likelihood of an event occurring and the potential consequences it may have. By analyzing the probability and impact of risks, project managers can prioritize and develop appropriate mitigation strategies.