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 type of updates are expected as an outcome of quantitative risk analysis?

Schedule management plan updates
Project documents updates
Cost management plan updates
Quality management plan updates

The correct answer is: Project documents updates

Quantitative risk analysis involves the numerical analysis of the probability and impact of identified risks on project objectives. As a result of this analysis, updates to project documents are expected. These updates can include changes to risk registers, risk response strategies, risk management plans, and other project documentation to reflect the findings of the quantitative risk analysis. Unlike project documents, the other options listed (Schedule management plan updates, Cost management plan updates, Quality management plan updates) are not directly associated with quantitative risk analysis outcomes and are therefore not the correct answer in this context.