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PMI-RMP Exam - Topic 9 Question 53 Discussion

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?
C) The quantitative risk analysis process will analyze the effect of risk events that may substantially impact the project's competing demands.
A) The quantitative risk analysis process will review risk events for their probability and impact on the project objectives.
B) The 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.
D) The quantitative risk analysis reviews the results of risk identification and prepares the project for risk response management.

PMI-RMP Exam - Topic 9 Question 53 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 53
Topic #: 9
[All PMI-RMP Questions]

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?

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Suggested Answer: C

by Denise at Jun 14, 2022, 11:36 PM

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Silvana
10 months ago
Wow, I didn’t realize there were so many angles to this!
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Winfred
11 months ago
D seems off. Isn’t that more about risk response?
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William
11 months ago
C makes sense too, especially for competing demands.
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Layla
11 months ago
I think B is more accurate. True cost matters!
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Veda
11 months ago
A is spot on! It’s all about probability and impact.
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Coleen
11 months ago
I feel like option A is close too, but it seems more about qualitative aspects rather than the quantitative side.
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Harris
11 months ago
I think option B sounds familiar because it mentions determining the true cost and probability, which is what we practiced in class.
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Dudley
11 months ago
I remember that quantitative risk analysis focuses on numerical values, but I'm not sure if it's more about probability or cost.
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Sarah
11 months ago
I recall that quantitative analysis looks at impacts on project objectives, but I'm unsure if that's the main focus.
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Edmond
12 months 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.
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Shay
12 months 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.
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Veronica
12 months 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.
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