Which of the Following Are the BEST Risk Analysis Tools

question 1

Multiple Choice

Which of the following are the BEST risk analysis tools to determine a project's risk level? (Select two.)

• A) Fishbone diagram
• B) RACI matrix
• C) Monte Carlo
• D) Process flowchart
• E) Expert judgment
• F) Project dashboard

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Definitions:

Decision Making

The process of decision-making where one selects an action from a range of choices.

Strong

Having great physical power, strength, mental fortitude, or robust structural integrity.

Ethical Dilemmas

Situations in which individuals or organizations must choose between competing moral principles or values.

Conflicts of Interest

Conflicts of Interest arise when a person or entity has competing interests or loyalties that could potentially interfere with their ability to make impartial decisions.