_____ involves developing a probability distribution for understanding and responding to identified risks.
A) Plan Risk Management
B) Identify Risks
C) Perform Quantitative Risk Analysis
D) Plan Risk Responses
E) Monitor and Control Risks

Question

Quizplus · Accepted Answer

Performing Quantitative Risk Analysis involves developing a probability distribution for understanding and responding to identified risks. This helps to determine the possible outcomes and their likelihood, which in turn can aid in developing effective risk response strategies to minimize negative impact and maximize opportunities.

_____ Involves Developing a Probability Distribution for Understanding and Responding