Every other week we post PMP certification questions to help you prep for the exams.
The output of which of the following processes best shows the risk of the overall project?
- Perform Qualitative Risk Analysis
- Perform Quantitative Risk Analysis
- Plan Risk Responses
- Identify Risks
The correct answer is 2.
Qualitative risk analysis focuses on the individual risks, whereas quantitative risk analysis provides a probabilistic analysis of project risks and, therefore, is a better indicator of the risks of the overall project in terms of time or money.