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PMI-RMP Exam - Topic 6 Question 59 Discussion

Frances is the project manager of a project in her organization. This project has a budget of $567,000 and is schedule to last for three years. Frances wants to examine the risk events to determine which risk events have the most potential impact on the project. Which modeling technique can help Frances to accomplish this goal?
B) Sensitivity analysis
A) Expected monetary value
C) Quantitative risk analysis
D) Modeling and simulation

PMI-RMP Exam - Topic 6 Question 59 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 59
Topic #: 6
[All PMI-RMP Questions]

Frances is the project manager of a project in her organization. This project has a budget of $567,000 and is schedule to last for three years. Frances wants to examine the risk events to determine which risk events have the most potential impact on the project. Which modeling technique can help Frances to accomplish this goal?

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Suggested Answer: B

by Junita at Oct 14, 2022, 09:41 PM

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Felix
10 months ago
The project budget is $567,000 and it's set for three years.
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Goldie
10 months ago
Really? I thought modeling and simulation would be more effective.
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Cassandra
10 months ago
Wait, isn't sensitivity analysis also useful for this?
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Boris
10 months ago
Definitely agree with that! It gives a clear picture of potential impacts.
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Keneth
11 months ago
I think quantitative risk analysis is the way to go!
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Eric
11 months ago
Modeling and simulation could also be relevant, but I wonder if it's too complex for just identifying the most impactful risks.
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Carline
11 months ago
I feel like quantitative risk analysis is the right answer here. It sounds familiar from the study materials, but I can't recall the details.
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Camellia
11 months ago
I remember practicing with sensitivity analysis in class. It seems like it could help Frances see how different risks affect the project outcomes.
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Flo
11 months ago
I think the expected monetary value might be useful, but I'm not sure if it's the best choice for identifying the most impactful risks.
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Daniel
12 months ago
I think the primary objective is to reach agreement with application representatives and management over the storage requirements. That seems like the most logical answer to me.
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Daniel
12 months ago
Ah, I see what they're asking for now. The correct syntax is to use the createCustomObject method and pass the object type and the key attribute value as parameters. I'm confident I can get this right.
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Louvenia
12 months ago
Ah, I remember learning about this in class. Private SLBs use the internal network to connect to backend instances, while public SLBs use the internet. Gotta be A.
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