You are preparing to complete the quantitative risk analysis process with your project team and several subject matter experts. You gather the necessary inputs including the project's cost management plan. Why is it necessary to include the project's cost management plan in the preparation for the quantitative risk analysis process?
A) The project's cost management plan can help you to determine what the total cost of the project is allowed to be.
B) The project's cost management plan provides direction on how costs may be changed due to identified risks.
C) The project's cost management plan provides control that may help determine the structure for quantitative analysis of the budget.
D) The project's cost management plan is not an input to the quantitative risk analysis process .
Correct Answer:
Verified
Q171: The Phase 3 of DITSCAP C&A is
Q172: Your project uses a piece of equipment
Q173: A _ points to a statement in
Q174: Which of the following acts promote a
Q175: Risks with low ratings of probability and
Q177: ISO 17799 has two parts. The first
Q178: The Phase 2 of DITSCAP C&A is
Q179: Which of the following is used to
Q180: Adrian is the project manager of the
Q181: You are the project manager for TTP
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents