PMI Risk Management Professional (PMI-RMP) — Question 41
What quantitative tools and techniques are used to perform risk analysis in order to support stakeholder decision making for the project?
Answer options
- A. Risk probability and impact assessment
- B. Sensitivity analysis
- C. Interviewing
- D. Probability and impact matrix
Correct answer: B
Explanation
Sensitivity analysis is the right choice as it evaluates how different values of an independent variable will impact a particular dependent variable under a given set of assumptions. The other options, while relevant to risk management, are not primarily quantitative tools; for example, interviewing is a qualitative technique, and risk probability and impact assessment and the probability and impact matrix are more about categorizing and prioritizing risks rather than performing quantitative analysis.