PMI-RMP Certification Training - Quantitative Risk Analysis

The video tutorial covers various analytical methods used in project risk management. It begins with sensitivity analysis, which identifies the most risk-sensitive aspects of a project. Next, it explains expected monetary value (EMV) analysis, a method to calculate the average outcome of scenarios by multiplying probability and impact. Decision tree analysis is then introduced as a tool for making informed project decisions using EMV. Finally, the tutorial discusses modeling and simulation to assess potential impacts of events on a project using random input values.

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