You are the project manager of the GHG project. You are preparing for the quantitative risk analysis process. You are using organizational process assets to help you complete the quantitative risk ana

Question

Options

• AYou will use organizational process assets for risk databases that may be available from
• BYou will use organizational process assets for studies of similar projects by risk specialists.
• CYou will use organizational process assets to determine costs of all risks events within
• DYou will use organizational process assets for information from prior similar projects.

• A
  7% (2)
• B
  4% (1)
• C
  86% (24)
• D
  4% (1)

Explanation

Organizational process assets (OPAs) are historical knowledge, templates, and databases from the organization's past projects. They are validly used in quantitative risk analysis for: (A) industry/vendor risk databases with historical data, (B) studies of similar projects by risk specialists, and (D) lessons learned and information from prior similar projects. However, option C is not valid - determining the specific cost impacts of risk events in the current project is the actual work performed during the quantitative risk analysis process itself (using tools like Monte Carlo simulation, decision tree analysis, and sensitivity analysis). OPAs inform the process with historical context; they do not directly determine current project risk costs.

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