You are the project manager of the NKQ project for your organization. You have completed the quantitative risk analysis process for this portion of the project. What is the only output of the quantitative risk analysis process?

A.
Risk contingency reserve

B.
Risk response

C.
Risk register updates

D.
Probability of reaching project objectives

Explanation:

The only output of the quantitative risk analysis process is the risk register updates. You will update the risk register with the probabilistic analysis of the project, probability of achieving cost and time objectives, list of quantified risks, and trends in quantitative risk analysis results.

The output of perform quantitative risk analysis process is Risk Register Updates. Risk register is updated to take account of a quantitative risk report detailing quantitative approaches and outputs. Updates include the following important elements:

Probabilistic analysis of the project
Probability of achieving cost and time objectives
Prioritized list of quantified risks
Trends in quantitative risk analysis results

Answer option B is incorrect. Risk responses come from the plan risk response process.

Answer option D is incorrect. The probability of reach project objectives, specifically time and cost objectives, are included as part of updating the risk register.

Answer option A is incorrect. The risk contingency reserve is not an output of the quantitative risk analysis process.