Certified Associate in Project Management (CAPM) — Question 474
What does an S-curve from a Monte Carlo analysis show?
Answer options
- A. Cumulative probability distribution representing probability of achieving a particular outcome
- B. Individual project risks or uncertainties that have the most potential impact on outcome
- C. Best alternative out of the possible solutions, incorporating associated risks and opportunities
- D. Diagram for all project uncertainties and their influence over a period of time
Correct answer: A
Explanation
The correct answer, A, accurately describes the S-curve as it represents the cumulative probability distribution that indicates the likelihood of reaching specific outcomes. The other options focus on different aspects of project risks and uncertainties, which do not specifically pertain to the cumulative nature of the S-curve in Monte Carlo analysis.