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Gary is the project manager for his project. He and the project team have completed the qualitative risk analysis process and are about to enter the quantitative risk analysis process when Mary, the project sponsor, wants to know what quantitative risk analysis will review. Which of the following statements best defines what quantitative risk analysis will review?
Once the risk events have passed through qualitative risk analysis, then the risk events must be reviewed to determine the effect of the risks
on the project's competing demands.
Answer D is incorrect. While the quantitative risk analysis process will review the risk events for probability and impact, this statement
does not answer the question as completely as answer option A.
Answer C is incorrect. The quantitative risk analysis process does not review every risk identified - only the risks which require further
analysis.
Answer B is incorrect. Quantitative risk analysis process does not begin the risk response process. Its goal is to determine the effect of
certain risk events on the project's competing demands.