CRISC: Certified in Risk and Information Systems ControlDemo

By Isaca · Question Mode

QuestionQ1245

Risk Assessment

Mary is the project manager for the BLB project. She has directed the project team to convene and review the risks. She has included the schedule management plan as an input to the quantitative risk analysis process. Why is the schedule management plan required for quantitative risk analysis?

  • A Mary will schedule when the identified risks are likely to happen and affect the project schedule.
  • B Mary will utilize the schedule controls and the nature of the schedule for the quantitative analysis of the schedule.
  • C Mary will use the schedule management plan to schedule the risk identification meetings throughout the remaining project.
  • D Mary will utilize the schedule controls to determine how risks may be allowed to change the project schedule.
Explanation

A schedule management plan establishes the schedule controls that support quantitative analysis of schedule risks and their potential numerical effects on the project schedule. Quantitative risk analysis evaluates the effects of identified risks on project objectives rather than scheduling risk meetings or independently authorizing schedule changes.

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