What quantitative tools and techniques are used to perform risk analysis in order to support stakeholder decision making for the project?

Question

Options

• ARisk probability and impact assessment
• BSensitivity analysis
• CInterviewing
• DProbability and impact matrix

• A
  7% (2)
• B
  3% (1)
• C
  76% (22)
• D
  14% (4)

Explanation

Interviewing is a data-gathering technique used in Perform Quantitative Risk Analysis to elicit probability distributions and ranges from subject matter experts and stakeholders. It is used to translate expert judgment into numerical inputs (e.g., optimistic, pessimistic, and most-likely estimates) that feed quantitative models. The other options-risk probability and impact assessment (A) and the probability and impact matrix (D)-are qualitative tools. Sensitivity analysis (B) is a quantitative modeling technique, but in this context the question targets the input-gathering technique that directly supports stakeholder decision making, which is interviewing.

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