CAPM (Certified Associate in Project Management) Practice Exam

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What are the typical updates of a qualitative risk analysis on project documents?

  1. Budget forecasts

  2. Risk register updates, assumptions log updates

  3. Stakeholder engagement plan

  4. Resource availability

The correct answer is: Risk register updates, assumptions log updates

A qualitative risk analysis involves evaluating the impact and likelihood of potential risks on a project. The updates of this analysis would involve reviewing and updating the risk register, which is a log of identified risks, as well as the assumptions log, which outlines any assumptions made during the analysis. This is important in order to ensure that all relevant risks are accounted for and to make any necessary adjustments to the project plan. The other options, such as budget forecasts and stakeholder engagement plan, may be a part of the overall project planning and management process but are not specifically related to the updates of a qualitative risk analysis. Similarly, resource availability may be a consideration in terms of mitigating risks, but it is not directly related to updating the risk analysis. Therefore, B is the most accurate and relevant option.