PMI-RMP Certification Training - Quantitative Risk Analysis Update Components and Data

Interactive Video
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Information Technology (IT), Architecture, Social Studies, Business
•
University
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Hard
Wayground Content
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary benefit of conducting a probabilistic analysis in quantitative risk analysis?
To provide a confidence level for project costs and schedules
To reduce project costs significantly
To eliminate all project risks
To ensure project completion on time
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can the project team estimate the likelihood of achieving project objectives?
By ignoring all identified risks
By using qualitative risk analysis
By focusing only on cost objectives
By using quantitative risk analysis
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of creating a prioritized list of quantified risks?
To focus only on opportunities
To measure the impact of each risk in terms of days or dollars
To ignore minor risks
To eliminate all risks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to repeat quantitative risk analysis throughout the project?
To ensure the project is completed ahead of schedule
To analyze trends and make necessary adjustments
To reduce the number of team members
To increase project costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key consideration when interviewing subject matter experts for data gathering?
Ensuring the interview is conducted in a public setting
Promoting an environment of trust and confidentiality
Focusing only on positive feedback
Avoiding any discussion of risks
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