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PMI-RMP · Question #319
PMI-RMP Question #319: Real Exam Question with Answer & Explanation
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Perform Targeted Risk Analysis
Question
When performing integrated cost-schedule risk analysis, a risk manager must correlate the project costs and activities with the risk baseline. Why is determining correlation critical in performing this analysis?
Options
- ACorrelation strength is determined by the strength of multiple risks affecting one cost or activity.
- BCorrelation is always negative in projects with high costs.
- CCorrelation implies causality between project costs and activities.
- DCorrelation identifies how each project risk affects project costs or activities.
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Topics
#Integrated Risk Analysis#Correlation#Quantitative Risk Analysis#Cost-Schedule Risk