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Quantitative Risk

Posted: Thu Nov 23, 2017 10:56 pm
by suresi00
Amita is a project manager managing a town-development project. She has set up a series of interviews with various stakeholders to gather some experiential and historical information on risks. Which phase is this likely to happen in?

Perform Qualitative Risk Analysis

Plan Risk Responses

Understand Risks

Perform Quantitative Risk Analysis

Can you please explain the rationale for the answer

Re: Quantitative Risk

Posted: Sat Nov 25, 2017 9:04 pm
by manishpn
suresi00 wrote:Amita is a project manager managing a town-development project. She has set up a series of interviews with various stakeholders to gather some experiential and historical information on risks. Which phase is this likely to happen in?

Perform Qualitative Risk Analysis

Plan Risk Responses

Understand Risks

Perform Quantitative Risk Analysis

Can you please explain the rationale for the answer


this refers to expert judgement which happen in both qualitative and quantitative risk analysis.
however in quantitative analysis the focus in understanding impact on cost and schedule due to risk which is not the case described in this question, hence i would go with option #1