When managing projects, why is it most effective to use a dynamic risk assessment tool that incorporates both quantitative and qualitative factors in real-time to prioritize risks?
It enables prioritization based on static risk assessments conducted at the project's initiation.
It offers an evolving view, integrating the latest quantitative and qualitative risk data.
It entirely excludes qualitative assessments, relying only on numeric probability and impact estimates.
It focuses exclusively on qualitative factors, gauging risks based on team and stakeholder opinions.