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Which analysis helps to determine the risks that have the most potential for impacting the project?

Which analysis helps to determine the risks that have the most potential for impacting the project?

PrepAway - Latest Free Exam Questions & Answers

A.
Expected monetary value analysis

B.
Sensitivity analysis

C.
Modeling and simulation

D.
Expert judgment

Explanation:
Sensitivity Analysis
Sensitivity analysis seeks to place a value on the effect of change of a single variable within a project by analyzing that effect on the project plan. It is the simplest form of risk analysis. Uncertainty and risk are reflected by defining a likely range of variation for each component of the original base case estimate. In practice such an analysis is only done for those variables which have a high impact on cost, time or economic return, and to which the project is most sensitive.


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