Certified in Risk and Information Systems Control (CRISC) — Question 1327

Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative risk analysis process. Why is the schedule management plan needed for quantitative risk analysis?

Answer options

• A. Mary will schedule when the identified risks are likely to happen and affect the project schedule.
• B. Mary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the schedule.
• C. Mary will use the schedule management plan to schedule the risk identification meetings throughout the remaining project.
• D. Mary will utilize the schedule controls to determine how risks may be allowed to change the project schedule.

Correct answer: B

Explanation

The correct answer is B because the schedule management plan provides essential information about the schedule's structure and controls, which are crucial for performing quantitative risk analysis. The other options focus on scheduling events or meetings rather than the analysis of how risks could quantitatively impact the schedule.