CAPM (Certified Associate in Project Management) Practice Exam

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Study for the Certified Associate in Project Management Exam with practice questions and answers. Enhance your understanding of project management principles and strategies to excel in the exam!

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What are tools and techniques of perform quantitative risk analysis?

Data gathering and representation techniques, quantitative risk analysis and modeling techniques, expert judgment
Risk brainstorming sessions, SWOT analysis
Checklist analysis, assumption analysis
Impact matrix, risk probability assessment

The correct answer is: Data gathering and representation techniques, quantitative risk analysis and modeling techniques, expert judgment

The correct answer is A. Data gathering and representation techniques, quantitative risk analysis and modeling techniques, expert judgment are tools and techniques of performing quantitative risk analysis. Options B, C, and D are incorrect as they do not specifically pertain to quantitative risk analysis tools and techniques. Option B mentions risk brainstorming sessions and SWOT analysis, which are more related to qualitative risk analysis rather than quantitative risk analysis. Option C includes checklist analysis and assumption analysis, which are also more aligned with qualitative rather than quantitative risk analysis. Option D cites the impact matrix and risk probability assessment, which are tools used in risk management but not specific to quantitative risk analysis.