Which of the following is an example of a technique used in quantitative risk analysis?
A.
sensitivity analysis
B.
Probability and impact matrix
C.
Risk data quality assessment
D.
Risk categorization
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.