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ISEB-PM1 · Question #263

Which technique is commonly used for the Quantitative Risk Analysis activity?

The correct answer is C. Decision Tree Analysis. Decision Tree Analysis (C) is correct because it is a numerical technique that maps decision scenarios with probabilities and monetary outcomes, producing quantifiable results like Expected Monetary Value (EMV). It is explicitly listed in the PMBOK Guide as a tool and technique…

Risk Management

Question

Which technique is commonly used for the Quantitative Risk Analysis activity?

Options

  • ABrainstorming
  • BStrategies for Opportunities
  • CDecision Tree Analysis
  • DRisk Data Quality Assessment

How the community answered

(19 responses)
  • A
    21% (4)
  • B
    5% (1)
  • C
    68% (13)
  • D
    5% (1)

Explanation

Decision Tree Analysis (C) is correct because it is a numerical technique that maps decision scenarios with probabilities and monetary outcomes, producing quantifiable results like Expected Monetary Value (EMV). It is explicitly listed in the PMBOK Guide as a tool and technique for the Perform Quantitative Risk Analysis process.

Why the others are wrong:

  • A. Brainstorming belongs to Identify Risks - it's a creative group technique for surfacing risks, not for numerically analyzing them.
  • B. Strategies for Opportunities (exploit, enhance, share, accept) is a tool for Plan Risk Responses, which comes after analysis, not during it.
  • D. Risk Data Quality Assessment is a tool for Qualitative Risk Analysis, used to gauge how trustworthy the risk data is before ranking risks by probability and impact.

Memory tip: "Quantitative = Numbers." Decision Tree Analysis is the one technique that gives you a calculated number (EMV) - so when a question asks about quantitative methods, look for the tool that produces math, not opinions or strategies.

Topics

#quantitative risk analysis#decision tree analysis#risk analysis techniques#risk tools

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