Certified Business Analysis Professional (CBAP) — Question 253
Which of the following quantitative risk analysis techniques relies on experience and past data to compute the probability and impact of risks on project objectives?
Answer options
- A. Probability distribution
- B. Sensitivity analysis
- C. Modeling and simulation
- D. Interviewing
Correct answer: A
Explanation
The correct answer is A, as probability distribution uses historical data and expert judgment to estimate the likelihood and impact of risks. Options B and C involve different analytical methods that do not primarily rely on past data, while option D focuses on gathering qualitative information rather than quantitative analysis.