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

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.