CSSLP: Certified Secure Software Lifecycle Professional

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QuestionQ234

VerifiedSecure Software Lifecycle Management

Gary is the project manager for his project. After he and the project team complete the qualitative risk analysis process, they are about to begin the quantitative risk analysis process when Mary, the project sponsor, asks what quantitative risk analysis will review. Which of the following statements best defines what quantitative risk analysis will review?

Explanation

Quantitative risk analysis evaluates, using numerical methods, the effects of prioritized risk events that could substantially affect overall project objectives and competing demands. It can model combined uncertainty in areas such as cost, schedule, and project outcomes; assessing individual risks merely by probability and impact is qualitative risk analysis.

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