Certified Governance Risk and Compliance (CGRC) Practice Exam 2025 - Free CGRC Practice Questions and Study Guide

The correct choice is indeed the updates to the risk register. In the qualitative risk analysis process, the primary goal is to evaluate and prioritize risks based on their probability of occurrence and impact on project objectives. This process leads to a better understanding of the risk landscape and assists in making informed decisions regarding risk responses.

As risks are identified and analyzed qualitatively, the outcomes, including any changes in risk priority, newly identified risks, or the reassessed status of existing risks, are documented in the risk register. This register serves as a living document that reflects the current state of risks throughout the project's lifecycle. It is crucial for capturing not only the existing risks but also any updates that arise from the analysis, which helps ensure that stakeholders are aware of the risks facing the project and can respond appropriately.

In this context, while enterprise environmental factors, the project management plan, and organizational process assets can influence the risk analysis process, they are not outputs of the qualitative risk analysis itself. They provide essential background and context but do not constitute the direct result of this particular analytical phase. Therefore, the updates made to the risk register are the only definitive output from the qualitative risk analysis process.