CRISC: Certified in Risk and Information Systems ControlDemo

By Isaca · Question Mode

QuestionQ1334

Risk Assessment

Ned is the project manager for your company’s HNN project. He has asked you to help complete probability distributions for the project. For which portion of the project will probability distributions most likely be used?

  • A Bias towards risk in new resources
  • B Risk probability and impact matrixes
  • C Uncertainty in values such as duration of schedule activities
  • D Risk identification
Explanation

Probability distributions represent uncertainty in quantitative values, such as the durations of schedule activities. They support quantitative risk analysis by modeling possible outcomes and their likelihoods.

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