During which stage of Risk planning are modeling techniques used to determine overall effects of risks on project objectives for high probability, high impact risks?
A)Identify Risks
B)Plan Risk responses
C)Perform Qualitative risk analysis
D)Perform Quantitative risk analysis

Question

Quizplus · Accepted Answer

Quantitative risk analysis involves using modeling techniques to numerically analyze the effect of identified risks on overall project objectives, focusing on risks that have been prioritized as high probability and high impact during the qualitative risk analysis phase.

During Which Stage of Risk Planning Are Modeling Techniques Used