PMI-RMP · Question #291
Which analysis helps to determine the risks that have the most potential for impacting the project?
The correct answer is B. Sensitivity analysis. Sensitivity analysis identifies which individual risks have the most potential impact on project objectives by examining how changes in one risk affect outcomes while others are held constant.
Question
Which analysis helps to determine the risks that have the most potential for impacting the project?
Options
- AExpected monetary value analysis
- BSensitivity analysis
- CModeling and simulation
- DExpert judgment
How the community answered
(13 responses)- A8% (1)
- B92% (12)
Why each option
Sensitivity analysis identifies which individual risks have the most potential impact on project objectives by examining how changes in one risk affect outcomes while others are held constant.
Expected monetary value (EMV) analysis calculates the weighted average outcome by multiplying probability by impact for each risk - it quantifies risk value but does not specifically rank risks by relative impact on project outcomes.
Sensitivity analysis is a quantitative technique that evaluates the relative impact of each risk on project objectives by varying one risk at a time while keeping all others at baseline. Results are typically displayed in a tornado diagram, which visually ranks risks by their potential influence, revealing which ones most critically affect the project.
Modeling and simulation (e.g., Monte Carlo) assesses overall project risk by running thousands of iterations to produce a probability distribution of outcomes, rather than isolating individual risk impact.
Expert judgment is a technique for gathering opinions from subject matter experts and is not an analytical method for determining which risks have the greatest potential impact.
Concept tested: Sensitivity analysis for identifying high-impact risks
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
Topics
Community Discussion
No community discussion yet for this question.