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Risk Management Knowledgebase

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QA Quality Assurance. The process of evaluating overall project performance on a regular basis to provide confidence that the project will satisfy the relevant quality standards.
Qualitative Risk Analysis A generic term for subjective methods of assessing risks.
Quality A trait or characteristic used to measure the degree of excellence of a product or service.
Quality Criteria The characteristics of a product that determines whether it meets certain requirements.
Quality Plan A document setting out the specific quality practices, resources and sequence of activities relevant to a particular product, service, contract or project.
Quantitative techniques Quantitative techniques (in terms of monetised costs and benefits, and risk scores) should aid in risk management.
Question A Question reflects the need to know or the need for clarity. Questions should be answered.

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