Mary is the project manager for the BLB project. She has instructed the project team to assemble, to review the risks. She has included the schedule management plan as an input for the quantitative risk analysis process. Why is the schedule management plan needed for quantitative risk analysis?
- Mary will schedule when the identified risks are likely to happen and affect the project schedule.
- Mary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the schedule.
- Mary will use the schedule management plan to schedule the risk identification meetings throughout the remaining project.
- Mary will utilize the schedule controls to determine how risks may be allowed to change the project schedule.
Answer(s): B
Explanation:
The controls within the schedule management plan can shape how quantitative risk analysis will be performed on the schedule.
Schedule management plan also describes how the schedule contingencies will be reported and assessed. Incorrect Answers:
A: When risks are likely to happen is important, but it is not the best answer for this question
C: This is not a valid answer for this question throughout the project, but it is not scheduled during the quantitative risk analysis process.
D: Risks may affect the project schedule, but this is not the best answer for the question.