PMI Exam PMI-RMP Topic 5 Question 64 Discussion

Actual exam question for PMI's PMI-RMP exam

Question #: 64
Topic #: 5

A risk manager has to Inform a project sponsor of the expected duration of an entire project. The project has three main tasks, each with different probabilities of duration. Which analytical tool should the risk manager use?

AMonte Carlo simulation

BDecision tree analysis

CIshikawa diagram

DProbability tree diagram

Show Suggested Answer

Suggested Answer: A

by Thaddeus at Jan 04, 2023, 06:24 PM

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Xenia

17 days ago

I bet the risk manager is just hoping the project sponsor doesn't ask too many questions. Monte Carlo is the way to go, though!

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Karl

20 days ago

Probability tree diagram? Sounds like someone's been reading too many textbooks. Monte Carlo is the practical choice for this scenario.

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Romana

4 days ago

Monte Carlo simulation is definitely the way to go for this project.

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Rebeca

25 days ago

Haha, an Ishikawa diagram? That's for cause-and-effect analysis, not project risk management. Seems like someone's trying to throw us off the trail!

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Shenika

7 days ago

A: I think the risk manager should use Monte Carlo simulation.

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Jina

1 months ago

Decision tree analysis could work too, but that's more for branching outcomes, not estimating project duration.

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Kristeen

18 days ago

A: I think the risk manager should use Monte Carlo simulation.

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Cristy

1 months ago

Monte Carlo simulation is definitely the way to go here. It's the only tool that can handle the different probabilities and durations of the project tasks.

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