Certified Associate in Project Management (CAPM) — Question 406
For which kind of quantitative risk analysis chart can a tornado diagram represent values?
Answer options
- A. Sensitivity analysis
- B. Monte Carlo analysis
- C. Expected monetary value analysis
- D. Decision tree analysis
Correct answer: A
Explanation
The correct answer is A, as a tornado diagram is specifically used in sensitivity analysis to display the impact of different variables on a particular outcome. The other options, while relevant to risk analysis, do not typically use tornado diagrams for representation.