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

• A
  2% (1)
• B
  87% (46)
• C
  8% (4)
• D
  4% (2)

Explanation

Organizational Process Assets (OPA) are used in quantitative risk analysis as historical reference material - including studies from similar projects by risk specialists (A), information from prior similar projects (C), and industry risk databases (D). These provide calibration data for probability distributions and impact estimates. Option B - using OPA to 'determine costs of ALL risk events within the project' - is NOT a valid use of OPA. OPA provides historical and reference data to inform estimates, but the actual cost determination for specific current project risk events comes from expert judgment, simulation, and project-specific analysis, not from pre-existing organizational assets.

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