Discuss PMI PMI-RMP Exam Topic 6 Question 44

You are the project manager for your organization. You are preparing for the quantitative risk analysis. Mark, a project team member, wants to know why you need to do quantitative risk analysis when you just completed qualitative risk analysis. Which one of the following statements best defines what quantitative risk analysis is?

AQuantitative risk analysis is the process of numerically analyzing the effect of identified risks on overall project objectives.

BQuantitative risk analysis is the planning and quantification of risk responses based on probability and impact of each risk event.

CQuantitative risk analysis is the review of the risk events with the high probability and the highest impact on the project objectives.

DQuantitative risk analysis is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact.

Suggested Answer: A

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13 comments · newest first

Harrison 1 year ago

D is just prioritizing, not really quantifying.

Jacki 1 year ago

Wait, I thought we only needed qualitative analysis?

Suzi 1 year ago

C sounds a bit off to me.

Charlie 1 year ago

I think B makes more sense, though.

Izetta 1 year ago

A is the right answer! It’s all about the numbers.

Teresita 1 year ago

I vaguely recall that quantitative risk analysis involves prioritizing risks, so maybe option D is relevant too, but I’m not completely confident.

Junita 1 year ago

I feel like option B could also be correct since it talks about planning and quantifying responses, but it seems more about risk management than analysis.

Asha 1 year ago

I remember we practiced a question similar to this, and I think option A sounds right because it mentions analyzing the effect on project objectives.

Anna 1 year ago

I think quantitative risk analysis is about numerically assessing risks, but I'm not sure if that's the main focus.

Lenna 1 year ago

Hmm, I'm not totally sure how to approach this. There are a few options presented, but I'm not confident which one is the best approach. I might need to review some conflict resolution strategies before the exam.

Lazaro 1 year ago

Okay, I've got this. The correct answer is clearly A - establishing two-way accountability between the service provider and the customer. That's a core purpose of an SLA.

Grover 1 year ago

I'm a little confused by this question. I know HTML5 has some offline capabilities, but I'm not sure which one is the right answer here. I'll have to think it through carefully and try to eliminate the options that don't seem right.

Nickolas 1 year ago

This looks like a tricky SQL question. I'll need to carefully read through the options and think about the different SQL dialects that support the various join operations.

PMI-RMP Exam - Topic 6 Question 44 Discussion