Mark works as a project manager for TechSoft Inc. Mark, the project team, and the key project stakeholders have completed a round of qualitative risk analysis. He needs to update the risk register with his findings so that he can communicate the risk results to the project stakeholders – including management. Mark will need to update all of the following information except for which one?

A.
Trends in qualitative risk analysis

B.
Watchlist of low-priority risks

C.
Risks grouped by categories

D.
Prioritized list of quantified risks

Explanation:

The prioritized list of quantified risks in the risk register is updated in the quantitative risk analysis process and not in the qualitative risk analysis process.
The output of perform quantitative risk analysis process is Risk Register Updates. Risk register is updated to take account of a quantitative risk report detailing quantitative approaches and outputs. Updates include the following important elements.
Probabilistic analysis of the project
Probability of achieving cost and time objectives
Prioritized list of quantified risks
Trends in quantitative risk analysis results
Answer options C, B, and A are incorrect. These are parts of the risk register which should be updated in the qualitative risk analysis process.
The output of perform qualitative risk analysis process is Risk Register Updates. Risk register is updated with the information from perform qualitative risk analysis and the updated risk register is included in the project documents. Updates include the following important elements.
Relative ranking or priority list of project risks
Risks grouped by categories
Causes of risk or project areas requiring particular attention List of risks requiring response in the near-term
List of risks for additional analysis and response
Watchlist of low priority risks
Trends in qualitative risk analysis results
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"