Discuss PMI PMI-RMP Exam Topic 9 Question 53

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?

AThe quantitative risk analysis process will review risk events for their probability and impact on the project objectives.

BThe quantitative risk analysis seeks to determine the true cost of each identified risk event and the probability of each risk event to determine the risk exposure.

CThe quantitative risk analysis process will analyze the effect of risk events that may substantially impact the project's competing demands.

DThe quantitative risk analysis reviews the results of risk identification and prepares the project for risk response management.

Suggested Answer: C

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12 comments · newest first

Silvana 12 months ago

Wow, I didn’t realize there were so many angles to this!

Winfred 1 year ago

D seems off. Isn’t that more about risk response?

William 1 year ago

C makes sense too, especially for competing demands.

Layla 1 year ago

I think B is more accurate. True cost matters!

Veda 1 year ago

A is spot on! It’s all about probability and impact.

Coleen 1 year ago

I feel like option A is close too, but it seems more about qualitative aspects rather than the quantitative side.

Harris 1 year ago

I think option B sounds familiar because it mentions determining the true cost and probability, which is what we practiced in class.

Dudley 1 year ago

I remember that quantitative risk analysis focuses on numerical values, but I'm not sure if it's more about probability or cost.

Sarah 1 year ago

I recall that quantitative analysis looks at impacts on project objectives, but I'm unsure if that's the main focus.

Edmond 1 year ago

Okay, I think I've got it. If the original study didn't provide enough information to replicate, that violates the technological dimension, which is about having clear procedures that can be implemented. Gotta make sure I understand that well for the exam.

Shay 1 year ago

This looks straightforward. I'll just need to sort the defect counts from highest to lowest to get the correct order for the Pareto chart.

Veronica 1 year ago

Hmm, this seems like a straightforward question about service architecture. I'll need to think carefully about the key characteristics of a service inventory architecture.

PMI-RMP Exam - Topic 9 Question 53 Discussion