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Question 235 - CAP discussion

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You are preparing to complete the quantitative risk analysis process with your project team and several subject matter experts. You gather the necessary inputs including the project's cost management plan. Why is it necessary to include the project's cost management plan in the preparation for the quantitative risk analysis process?

A.
The project's cost management plan can help you to determine what the total cost of the project is allowed to be.
Answers
A.
The project's cost management plan can help you to determine what the total cost of the project is allowed to be.
B.
The project's cost management plan provides direction on how costs may be changed due to identified risks.
Answers
B.
The project's cost management plan provides direction on how costs may be changed due to identified risks.
C.
The project's cost management plan provides control that may help determine the structure for quantitative analysis of the budget.
Answers
C.
The project's cost management plan provides control that may help determine the structure for quantitative analysis of the budget.
D.
The project's cost management plan is not an input to the quantitative risk analysis process .
Answers
D.
The project's cost management plan is not an input to the quantitative risk analysis process .
Suggested answer: C
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asked 18/09/2024
Denis Mourghen
44 questions
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