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PMI-RMP Exam - Topic 6 Question 52 Discussion

____ analysis is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen.
B) Expected monetary value
A) Expert judgment
C) Sensitivity
D) Modeling and simulation

PMI-RMP Exam - Topic 6 Question 52 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 52
Topic #: 6
[All PMI-RMP Questions]

____ analysis is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen.

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Suggested Answer: B

by Joesph at May 29, 2022, 09:11 AM

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Barbra
7 months ago
Not sure about that, seems too straightforward.
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Cecil
7 months ago
I thought it could also be modeling and simulation.
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Chau
7 months ago
Wait, is it really just that simple?
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Oretha
8 months ago
Totally agree, that's the right term.
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Shanda
8 months ago
It's definitely expected monetary value!
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Corrie
8 months ago
Modeling and simulation seems like it could fit, but I don't recall it being specifically about averages. This is tricky!
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Jeannetta
8 months ago
I feel like sensitivity analysis is more about how changes affect outcomes, not really about averages. So I’m leaning towards B too.
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Reuben
8 months ago
I'm not entirely sure, but I remember something about expert judgment being used in decision-making. Could that be it?
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Maybelle
8 months ago
I think the answer might be B, expected monetary value. It sounds familiar from the practice questions we did on risk management.
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Blossom
8 months ago
Okay, I remember learning about the COSO framework in class, but I'm drawing a blank on the exact definition they use for internal control. Let me re-read the question carefully and see if I can narrow it down.
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Yuki
8 months ago
Okay, I think I've got this. The transaction command is used to ensure that a series of operations are treated as a single unit - either all of them succeed or none of them do. So it's probably about "persisting" events across multiple sources in a consistent way.
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Kristofer
8 months ago
This seems like a tricky question. I'm not sure if I fully understand the concepts being tested here, but I'll give it my best shot.
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