PMI-RMP Certification Training - Perform Quantitative Risk Analysis - Inputs

The video tutorial explains the perform quantitative risk analysis process, which involves numerically analyzing the effect of identified risks on project objectives. It highlights the differences between quantitative and qualitative risk analysis, emphasizing the use of numerical data like days or dollars for quantitative analysis. The tutorial details the inputs required for this process, including the risk register, risk management plan, and organizational process assets. It also covers the importance of cost and schedule forecasts, milestones, and baselines in assessing risk exposure and determining confidence levels in achieving project objectives.

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF