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PMI-RMP · Question #573

PMI-RMP Question #573: Real Exam Question with Answer & Explanation

The correct answer is C: Probability and impact matrix. Scenario analysis is a useful tool for assessing the risk involved in testing by exploring different possible outcomes. In the context of deciding between laboratory testing, simul-ation methods, and field trials, scenario analysis allows the risk manager to evaluate the potentia

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Question

Product testing can be done in multiple ways. A few project team members suggest testing be done in a laboratory environment, whereas others recommend completing the analysis via simu- lation methods. The testing manager has consulted with a peer, who recommends undertaking testing using field trials. The testing manager consults with the risk manager to assess the risk involved in the testing. Which tool should the risk manager consider for assessing the test risk?

Options

  • AScenario analysis
  • BSensitivity analysis
  • CProbability and impact matrix
  • DMonte Carlo simul-ation

Explanation

Scenario analysis is a useful tool for assessing the risk involved in testing by exploring different possible outcomes. In the context of deciding between laboratory testing, simul-ation methods, and field trials, scenario analysis allows the risk manager to evaluate the potential risks and benefits of each testing approach under different scenarios. This method helps in understanding how various uncertainties can impact the testing process and its outcomes, which is critical when selecting the most appropriate testing strategy.

Topics

#Risk assessment#Qualitative risk analysis#Probability and impact matrix

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