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PMI-RMP · Question #81

Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative ri

The correct answer is B. Mary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the. The schedule management plan is an input to the Quantitative Risk Analysis process because it describes the scheduling methodology, format, and criteria used for the project. During quantitative risk analysis, the project manager needs to understand the schedule controls and the

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Question

Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative risk analysis process. Why is the schedule management plan needed for quantitative risk analysis?

Options

  • AMary will schedule when the identified risks are likely to happen and affect the project schedule.
  • BMary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the
  • CMary will use the schedule management plan to schedule the risk identification meetings throughout
  • DMary will utilize the schedule controls to determine how risks may be allowed to change the project

How the community answered

(54 responses)
  • A
    2% (1)
  • B
    91% (49)
  • C
    2% (1)
  • D
    6% (3)

Explanation

The schedule management plan is an input to the Quantitative Risk Analysis process because it describes the scheduling methodology, format, and criteria used for the project. During quantitative risk analysis, the project manager needs to understand the schedule controls and the nature of the schedule (e.g., how activities are linked, what the critical path looks like) in order to numerically model and analyze how identified risks may affect overall project schedule objectives. It is not about scheduling when risks will happen (A), scheduling risk identification meetings (C), or simply determining whether risks can change the schedule (D) - rather, it provides the structural context needed to perform the numerical analysis itself.

Topics

#Quantitative Risk Analysis#Schedule Management Plan#Inputs to Processes#Schedule Risk

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