PMIPMI
PMI-RMP · Question #212
PMI-RMP Question #212: Real Exam Question with Answer & Explanation
The correct answer is D: Monte Carlo Analysis. See the full explanation below for the reasoning.
Perform Targeted Risk Analysis
Question
Mary is the project manager of PKT project. In Mary's project there are certain enterprise environmental factors that require Mary to use modeling and simulation techniques to predict the likelihood of achieving cost and schedule objectives in the project. Mary is using a technique for which the cost estimates are chosen at random for each iteration of the analysis, such as pessimistic, most likely, and worst-case scenarios. What type of analysis is Mary using in this project?
Options
- AQuantitative analysis
- BQualitative analysis
- CRisk distribution
- DMonte Carlo Analysis
Topics
#Monte Carlo Analysis#Quantitative Risk Analysis#Modeling and Simulation#Cost and Schedule Risk
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