Question

Project managers can identify risks by learning and understanding the cause and effect relationships that bear on risk events. All of the following approaches rely upon an understanding of cause and effect relationships to identify risks EXCEPT:

a. perform a Monte Carlo analysis
b. understand trigger conditions, or circumstances under which a risk strategy or risk action will be invoked
c. conduct a root cause analysis
d. develop a flow chart that shows how people, materials or data flow from one person or location to another

Answer 1

Interviews. Select key stakeholders. ...

Brainstorming. I will not go through the rules of brainstorming here. ...

Checklists. See if your company has a list of the most common risks. ...

Assumption Analysis. ...

Cause and Effect Diagrams. ...

Nominal Group Technique (NGT). ...

Affinity Diagram.

Step-by-step explanation:

Create a risk register. Create a risk register for your project in a spreadsheet. ...

Identify risks. ...

Identify opportunities. ...

Determine likelihood and impact. ...

Determine the response. ...

Estimation. ...

Assign owners. ...

Regularly review risks.