_____ involves developing a probabilistic model 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

Perform Quantitative Risk Analysis involves developing a probabilistic model for understanding and responding to identified risks. It is the process of numerically analyzing the effect of identified risks on overall project objectives.

_____ Involves Developing a Probabilistic Model for Understanding and Responding