PMI Risk Management Professional (PMI-RMP) — Question 201

A risk manager on an infrastructure project gathers and analyzes performance data. The risk manager wants to identify which variables will impact the schedule and determine how these factors interact.

Which data analysis tool should the risk manager use to forecast future performance?

Answer options

• A. Regression analysis
• B. What-if scenario analysis
• C. Sensitivity analysis
• D. Decision tree analysis

Correct answer: B

Explanation

The correct answer is B, as what-if scenario analysis allows the risk manager to explore different scenarios and their potential impacts on the project schedule. Regression analysis (A) is used to understand relationships between variables, sensitivity analysis (C) assesses how changes in one variable affect others, and decision tree analysis (D) helps in making decisions based on different outcomes, but none of these are specifically aimed at forecasting based on varying scenarios.