PMI Risk Management Professional (PMI-RMP) — Question 20

What are common examples used to communicate risk probability and impact?

Answer options

• A. Risk checklist, risk assessment, regression analysis, and assumption and constraint analysis
• B. Monitor Risks process, multi-dimensional risk assessment, control chart, and Monte Carlo simulation
• C. Probability distributions, sensitivity analysis, modeling and simulation, and probability and impact matrix
• D. Monitor Risks process, assumption and constraint analysis, modeling and simulation, and risk register

Correct answer: C

Explanation

Option C is correct because it accurately lists tools like probability distributions and sensitivity analysis that are specifically used to assess risk probability and impact. The other options include processes and analyses that, while related to risk, do not focus as directly on communicating risk probability and impact.