is incorrect. Event nodes represents the possible uncertain outcomes of the decision, and not the available choices.

Explanation/Reference:
Explanation:
The probability and impact matrix is a technique to prioritize identified risks of the project on their risk rating, and are being prepared while performing qualitative risk analysis. Evaluation of each risk's importance and, hence, priority for attention, is typically conducted using a look-up table or a probability and impact matrix. This matrix specifies combinations of probability and impact that lead to rating the risks as low, moderate, or high priority.
Incorrect Answers:
A, B: These processes are part of Risk Management. The probability and impact matrix is prepared during the qualitative risk analysis for further quantitative analysis and response based on their risk rating.
C: SLE, ARO and ALE are used in quantitative risk assessment.

Explanation/Reference:
Explanation:
The result of risk analysis process is being communicated to relevant stakeholders. The steps that are involved in communication are:
The results should be reported in terms and formats that are useful to support business decisions.

Coordinate additional risk analysis activity as required by decision makers, like report rejection and

scope adjustment.
Communicate the risk-return context clearly, which include probabilities of loss and/or gain, ranges, and

confidence levels (if possible) that enable management to balance risk-return.
Identify the negative impacts of events that drive response decisions as well as positive impacts of

events that represent opportunities which should channel back into the strategy and objective setting process.
Provide decision makers with an understanding of worst-case and most probable scenarios, due

diligence exposures and significant reputation, legal or regulatory considerations.
Incorrect Answers:
B: Both the negative and positive risk impacts are being communicated to relevant stakeholders. Identify the negative impacts of events that drive response decisions as well as positive impacts of events that represent opportunities which should channel back into the strategy and objective setting process.