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Monte Carlo analysis can help predict the impact of risks on project deliverable. This is an element of one of the tools and techniques?

 of which of the following processes?

A. Qualitative Risk Analysis

B. Risk Response Planning

C. Risk Identification

D. Quantitative Risk Analysis

Risk Management Project Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/08/05
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Bilyaminu Shittu
by Bilyaminu Shittu , Laboratory technical /Manager , Allahu Lateef Hospital

Monte carlo analysis can be helpful predict the process of Risk identification

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Answer: D

Explanation: Monte Carlo analysis is a modeling and simulation technique that is a tool and technique of the Quantitative Risk Analysis process.

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