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(ISC)2

CAP · Question #62

Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative ri

The correct answer is A. Mary will utilize the schedule controls and the nature of the schedule for the quantitative. In the PMBOK framework, the schedule management plan is an input to the Quantitative Risk Analysis process because it describes the schedule controls in place and the nature/structure of the schedule itself. This information is used to understand how schedule-related risks may pr

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Question

Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative risk analysis process. Why is the schedule management plan needed for quantitative risk analysis?

Options

  • AMary will utilize the schedule controls and the nature of the schedule for the quantitative
  • BMary will schedule when the identified risks are likely to happen and affect the project
  • CMary will utilize the schedule controls to determine how risks may be allowed to change the
  • DMary will use the schedule management plan to schedule the risk identification meetings

How the community answered

(25 responses)
  • A
    92% (23)
  • C
    4% (1)
  • D
    4% (1)

Explanation

In the PMBOK framework, the schedule management plan is an input to the Quantitative Risk Analysis process because it describes the schedule controls in place and the nature/structure of the schedule itself. This information is used to understand how schedule-related risks may propagate through the project and what constraints exist. It does NOT mean scheduling when risks will happen (B), allowing risks to change the schedule (C), or scheduling risk identification meetings (D). Quantitative risk analysis uses the plan to numerically model how uncertainties could affect overall schedule performance.

Topics

#Risk Management#Quantitative Risk Analysis#Schedule Management#Risk Analysis Inputs

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