Understanding SWOT Analysis and Reviews

Cost, duration, solution scope, solution quality, reputation, compliance, and social responsibility.

As a function of the probability of occurrence and the impact, often calculated by multiplying them.

Avoid, transfer, mitigate, accept, and increase.

<p>Risks expected to occur in the near term are prioritized higher than those expected to occur later.</p> Signup and view all the answers

<p>The risk analysis results are compared against the potential value of the change or solution.</p> Signup and view all the answers

<p>A SWOT analysis may provide an unfocused result if a clear context is not defined.</p> Signup and view all the answers

<p>The dimensions include objectives, techniques, and participants.</p> Signup and view all the answers

<p>Feedback from reviewers is used to update and improve the work product.</p> Signup and view all the answers

<p>A review focuses on the work product rather than the skills or actions of the participants.</p> Signup and view all the answers

<p>A review for a completed work product may include an overview, checklists, and documentation of findings.</p> Signup and view all the answers

<p>A review for work in process is conducted to resolve an issue or question.</p> Signup and view all the answers

<p>Review objectives are clearly communicated to all participants prior to the review.</p> Signup and view all the answers

<p>To identify a comprehensive set of relevant risks and to minimize the unknowns.</p> Signup and view all the answers

<p>They help to both identify new risks and monitor identified risks.</p> Signup and view all the answers

<p>A risk register is a document that describes each risk and supports the analysis and planning for addressing them.</p> Signup and view all the answers

<p>Expert judgment and stakeholder input.</p> Signup and view all the answers

<p>It involves understanding the risk and estimating its level.</p> Signup and view all the answers

<p>A risk event is an occurrence, while a risk condition is a situation or combination of situations that may lead to risk.</p> Signup and view all the answers

<p>It can be expressed as a probability or with values such as Low, Medium, and High.</p> Signup and view all the answers

<p>It refers to the continuous process of identifying, analyzing, and addressing risks throughout a project.</p> Signup and view all the answers

<p>To avoid, reduce, or modify risks that could negatively affect the solution's value.</p> Signup and view all the answers

<p>The impact of the risk on the potential value and various combinations of events or conditions.</p> Signup and view all the answers

<p>The primary focus is to remove defects and create a high-quality work product.</p> Signup and view all the answers

<p>A formal walkthrough utilizes individual review and team consolidation, similar to inspections, but is less structured.</p> Signup and view all the answers

<p>A single issue review focuses on a specific issue or standard, examining the work product carefully before resolving the matter.</p> Signup and view all the answers

<p>An informal walkthrough involves a business analyst presenting the draft work product to solicit direct feedback from reviewers.</p> Signup and view all the answers

<p>A desk check is an informal review where an uninvolved reviewer provides verbal or written feedback on the work product.</p> Signup and view all the answers

<p>The pass around technique is most effective when multiple reviewers are needed to provide feedback on the same work product.</p> Signup and view all the answers

<p>Objectives may include removing defects, ensuring conformance to standards, and measuring work product quality.</p> Signup and view all the answers

<p>One benefit is that peer reviews foster collaboration and improve the quality of the work through shared knowledge.</p> Signup and view all the answers

<p>Formal review techniques provide structured, detailed assessment, while informal techniques allow for quicker, more casual feedback.</p> Signup and view all the answers

<p>The primary purpose of ad hoc reviews is to seek informal assistance or feedback from peers.</p> Signup and view all the answers

<p>It is important to ensure that the supervisor's presence does not hinder the openness of other participants.</p> Signup and view all the answers

<p>Early identification of defects can eliminate the costly removal of defects discovered later in the life cycle.</p> Signup and view all the answers

<p>A significant limitation is that they require considerable time and effort, making them impractical for all work products.</p> Signup and view all the answers

<p>A challenge is validating that each participant conducted an independent review.</p> Signup and view all the answers

<p>Risk analysis involves identifying, analyzing, and managing uncertainties that could negatively affect value.</p> Signup and view all the answers

<p>Informal reviews are practical and less resource-intensive, though they provide less assurance of defect removal.</p> Signup and view all the answers

<p>A potential drawback is the difficulty in processing numerous messages, which can hinder resolution of disagreements.</p> Signup and view all the answers

<p>Because inspection techniques are time-consuming and require significant effort, limiting their application to high-priority tasks.</p> Signup and view all the answers

<p>Participants have a vested interest in ensuring a quality result, as it impacts their work and the project's success.</p> Signup and view all the answers