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PMI-RMP · Question #58

You work as a project manager for TechSoft Inc. You, the project team, and the key project stakeholders have completed a round of quantitative risk analysis. You now need to update the risk register…

The correct answer is C. Risk distributions within the project schedule. After quantitative risk analysis, the risk register is updated with specific outputs including probabilistic analysis, cost and time objective probabilities, and trends - but risk distributions are inputs used during the analysis, not outputs stored in the register afterward.

Risk Monitoring and Reporting

Question

You work as a project manager for TechSoft Inc. You, the project team, and the key project stakeholders have completed a round of quantitative risk analysis. You now need to update the risk register with your findings so that you can communicate the risk results to the project stakeholders - including management. You will need to update all of the following information except for which one?

Options

  • AProbabilistic analysis of the project
  • BProbability of achieving cost and time objectives
  • CRisk distributions within the project schedule
  • DTrends in quantitative risk analysis

How the community answered

(23 responses)
  • A
    4% (1)
  • B
    9% (2)
  • C
    83% (19)
  • D
    4% (1)

Why each option

After quantitative risk analysis, the risk register is updated with specific outputs including probabilistic analysis, cost and time objective probabilities, and trends - but risk distributions are inputs used during the analysis, not outputs stored in the register afterward.

AProbabilistic analysis of the project

Probabilistic analysis of the project - including schedule and cost forecasts with confidence levels - is a standard quantitative risk analysis output that updates the risk register.

BProbability of achieving cost and time objectives

The probability of achieving cost and time objectives is a direct output of quantitative analysis and is recorded in the risk register update.

CRisk distributions within the project scheduleCorrect

Risk distributions (such as triangular, normal, or beta distributions) are applied to model uncertainty during quantitative techniques like Monte Carlo simulation; they are an input parameter to the analysis, not a result that gets written back into the risk register. The register is updated with findings and outcomes of the analysis, while the distributions themselves are configuration inputs used to produce those findings.

DTrends in quantitative risk analysis

Trends in quantitative risk analysis results across iterations are tracked and recorded in the risk register to show how risk exposure is changing over time.

Concept tested: Quantitative risk analysis outputs vs inputs in risk register

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#Quantitative Risk Analysis#Risk Register#Risk Communication#Project Outcomes

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