What risk identification method could you use?

Your project spans the entire organization. You would like to assess the risk of your project but worried about that some of the managers involved in the project could affect the outcome of any risk identification meeting. Your consideration is based on the fact that some employees would not want to publicly identify risk events that could declare their supervision as poor. You would like a method that would allow participants to anonymously identify risk events.

What risk identification method could you use?
A . Delphi technique
B . Root cause analysis
C . Isolated pilot groups
D . SWOT analysis

View Answer

Answer: A

Explanation:

The Delphi technique uses rounds of anonymous surveys to build consensus on project risks. Delphi is a technique to identify potential risk. In this technique, the responses are gathered via a question and their inputs are organized according to their contents. The collected responses are sent back to these experts for further input, addition, and comments. The final list of risks in the project is prepared after that. The participants in this technique are anonymous and therefore it helps prevent a person from unduly influencing the others in the group. The Delphi technique helps in reaching the consensus quickly.

Incorrect Answers:

B: Root cause analysis is not an anonymous approach to risk identification.

C: Isolated pilot groups is not a valid risk identification activity.

D: SWOT analysis evaluates the strengths, weaknesses, opportunities, and threats of the project.