Discuss PMP doubts, tips and lesson learned. iZenBridge makes PMP® Certification easy
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Quantitative Risk Analysis is time consuming , more costlier as compared to the Qualitative Risk Analysis. So , wherever sufficient data is not available to develop appropriate Risk Models , followed by time or fund constraints , in that case it is preferred to go for Qualitative Risk Analysis on the basis of Expert Judgement by the Project Manager.
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