Risk - Analyzing Risk

4 important questions on Risk - Analyzing Risk

What type of risk analysis methods do you know?

  • Monte Carlo analysis
  • Three-point analysis
  • Sensitivity analysis

Name an aspect of the sensitivity analysis

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What formula is best practice in the three-point analysis?

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What is the Monte Carlo analysis based on?

For every time or cost estimaste for which we have a three-point estimate, we choose a probability distribution from standard library.

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