What is the primary advantage to group risks by common causes during qualitative risk analysis?

Courtney is the project manager for her organization. She is working with the project team to complete the qualitative risk analysis for her project. During the analysis Courtney encourages the project team to begin the grouping of identified risks by common causes.

What is the primary advantage to group risks by common causes during qualitative risk analysis?
A . It helps the project team realize the areas of the project most laden with risks.
B . It assist in developing effective risk responses.
C . It saves time by collecting the related resources, such as project team members, to analyze the risk events.
D . It can lead to the creation of risk categories unique to each project.

View Answer

Answer: B

Explanation:

By grouping the risks by categories the project team can develop effective risk responses. Related risk events often have common causal factors that can be addressed with a single risk response.