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What method can Shelly take to best reduce the influence of risk bias?

Shelly is the project manager of the BUF project for her company. In this project Shelly needs to

establish some rules to reduce the influence of risk bias during the qualitative risk analysis
process. What method can Shelly take to best reduce the influence of risk bias?

PrepAway - Latest Free Exam Questions & Answers

A.
Establish risk boundaries

B.
Group stakeholders according to positive and negative stakeholders and then complete the risk
analysis

C.
Determine the risk root cause rather than the person identifying the risk events

D.
Establish definitions of the level of probability and impact of risk event

Explanation:

By establishing definitions for the level of probability and impact a project manager can reduce the
influence of bias.
Answer A is incorrect. This is not a valid statement for reducing bias in the qualitative risk
analysis.
Answer B is incorrect. Positive and negative stakeholders are identified based on their position
towards the project goals and objectives, not necessarily risks.
Answer C is incorrect. Root cause analysis is a good exercise, but it would not determine risk
bias.


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