PMI Risk Management Professional (PMI-RMP) — Question 203

After years of experience, a project manager becomes the lead manager for a company. This new lead manager asks all project managers to use a specific technique when they perform qualitative risk analysis on their projects. This technique consists of achieving the relative weighting of the project's objectives in terms of priority to the stakeholders.
What is the name of this technique?

Answer options

Correct answer: C

Explanation

The correct answer is D, Analytic Hierarchy Process (AHP), which is specifically designed for prioritizing objectives based on stakeholder input. Options A and B do not represent established techniques in risk analysis, while option C, Quantitative Weighted Analysis (QWA), is not recognized as a standard method for this purpose.