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PMI-RMP · Question #343
PMI-RMP Question #343: Real Exam Question with Answer & Explanation
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Perform Targeted Risk Analysis
Question
The project manager must evaluate two separate contractors for a project with an absolute finish date of 15 December. After performing a Monte Carlo assessment on the submitted schedules, the following information is found: Which contractor should be chosen, because of having the highest statistical output?
Options
- AContractor A should be chosen based on confidence level.
- BContractor B should be chosen based on probability.
- CContractor A should be chosen based on probability and confidence level.
- DContractor B should be chosen based on probability and confidence level.
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Topics
#Monte Carlo Simulation#Schedule Risk Analysis#Probability and Confidence Level#Contractor Selection