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PMI-RMP · Question #63

PMI-RMP Question #63: Real Exam Question with Answer & Explanation

The correct answer is D: Monte Carlo Technique. See the full explanation below for the reasoning.

Perform Targeted Risk Analysis

Question

You are the project manager of the AMD project for your organization. In this project, you are currently performing quantitative risk analysis. The tool and technique you are using is simulation where the project model is computed many times with the input values chosen at random for each iteration. The goal is to create a probability distribution from the iterations for the project schedule. What technique will you use with this simulation?

Options

  • APareto modeling
  • BExpected Monetary Value
  • CAnalogous modeling
  • DMonte Carlo Technique

Topics

#Quantitative Risk Analysis#Simulation#Monte Carlo Technique#Schedule Risk Analysis

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