CompTIA Project+ (PK0-005) — Question 239
A project manager is in the process of evaluating the probability and impact of a risk by assigning numbers such as a monetary value. Which of the following is the project manager using?
Answer options
- A. Monte Carlo simulation
- B. Root cause analysis
- C. Quantitative risk analysis
- D. Risk response analysis
Correct answer: C
Explanation
The correct answer is C, Quantitative risk analysis, as it involves assigning numerical values to risks to evaluate their potential impact and likelihood. Options A, B, and D refer to different methodologies; Monte Carlo simulation is a technique used within quantitative analysis, root cause analysis focuses on identifying the origins of problems, and risk response analysis deals with planning how to address identified risks.