Certified Associate in Project Management (CAPM) — Question 410

A project manager is determining the amount of contingency needed for a project. Which analysis is the project manager using?

Answer options

• A. What-if scenario analysis
• B. Simulation
• C. Alternatives analysis
• D. Reserve analysis

Correct answer: D

Explanation

The correct answer is D, Reserve analysis, which focuses on estimating the amount of contingency reserves needed for project risks. What-if scenario analysis (A) examines the impact of potential changes, Simulation (B) involves modeling project uncertainties, and Alternatives analysis (C) evaluates different options but does not specifically focus on contingency reserves.