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

Question

of which of the following processes?

A. Qualitative Risk Analysis

B. Risk Response Planning

C. Risk Identification

D. Quantitative Risk Analysis

Bilyaminu Shittu · Answer

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

Muhammad Farooq · Answer

Answer: D

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