Which of the following statements best defines what quantitative risk analysis will review?

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Here is the solution for Which of the following statements best defines what quantitative risk analysis will review?. The solution is given after the options.

Which of the following statements best defines what quantitative risk analysis will review?

The quantitative risk analysis process will review risk events for their probability and impact on the projectobjectives.

The quantitative risk analysis seeks to determine the true cost of each identified risk event and theprobability of each risk event to determine the risk exposure.

The quantitative risk analysis process will analyze the effect of risk events that may substantially impact theproject’s competing demands.

The quantitative risk analysis reviews the results of risk identification and prepares the project for riskresponse management.

Correct Answer

The quantitative risk analysis process will analyze the effect of risk events that may substantially impact theproject’s competing demands.

Explanation:

The quantitative risk analysis process will analyze the effect of risk events that may substantially impact theproject’s competing demands. is the answer for Which of the following statements best defines what quantitative risk analysis will review?

Conclusion:

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