Question 26
Domain 2 — Risk Identification, Assessment, and AnalysisWhich risk identification technique involves examining checklists of potential risks based on historical data?
Correct answer: B
Explanation
Checklist analysis uses a list of "potential risks based on historical data" to identify risks in a project. It works by comparing the current situation against previously observed risk items, making it a structured risk identification technique.
Why each option is right or wrong
A. Scenario analysis
B. Checklist analysis
PMBOK Guide risk management recognizes checklist analysis as a risk identification tool that uses a predefined list built from prior projects and historical records to prompt review of likely threats. In this question, the clue is the use of an existing list of risk items derived from past experience, which is exactly the function of checklist analysis rather than brainstorming or expert judgment alone.
C. Monte Carlo simulation
D. Root cause analysis