Certified Associate in Project Management (CAPM) — Question 347

Perform Quantitative Risk Analysis focuses on:

Answer options

• A. compiling a list of known risks and preparing responses to them
• B. assessing the probability of occurrence and impact for every risk in the risk register
• C. evaluating the contingency and management reserves required for the project
• D. analyzing numerically the impact of individual risks on the overall project's time and cost objectives

Correct answer: D

Explanation

The correct answer, D, focuses on the numerical analysis of how specific risks affect the project's timeline and budget. Options A and B deal with identifying risks and assessing their likelihood and impact, while option C is concerned with reserves rather than the direct numerical impact of risks.