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A risk manager is conducting a qualitative risk analysis for a renewable energy project that...

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A risk manager is conducting a qualitative risk analysis for a renewable energy project that faces tight deadlines. The team identifies risks such as weather unpredictability, material cost fluctuations, and potential regulatory delays. While some members advocate prioritizing high-likelihood risks, others emphasize addressing unlikely but high-impact risks.

What should the risk manager do?

A.

Focus on high-probability concerns first to proactively address the most immediate threats.

B.

Delegate the assessment of lower-priority concerns to team leads while addressing critical ones.

C.

Evaluate all identified concerns and consider likelihood and impact to prioritize the concerns effectively.

D.

Prioritize uncertainties that align closely with the project ' s primary deliverables.

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