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PGMP · Question #486

PGMP Question #486: Real Exam Question with Answer & Explanation

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Program Risk Management

Question

You are the program manager for your organization and you are trying to determine the possible outcomes of a risk event. You're analyzing the risk event's worst case scenario, most likely scenario, and optimistic scenario to simulate the possible affects of the risk on the program's cost, time, and scope ramifications. What simulation technique are you using in this situation?

Options

  • AMonte Carlo simulation
  • BSensitivity analysis
  • CForce field analysis
  • DDecision tree analysis

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Topics

#Risk Management#Quantitative Risk Analysis#Monte Carlo Simulation#Program Performance Domains
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