The Purpose of Quantitative Risk Analysis Is to Understand the Actual

question 17

True/False

The purpose of quantitative risk analysis is to understand the actual impact of a risk in terms of dollars, time, project scope, or quality.

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Definitions:

Three Gorges

A region along the Yangtze River in China known for the Three Gorges Dam, the world's largest hydroelectric power station by total capacity.

China

A country in East Asia, known for its vast landscape, populous cities, and significant cultural and historical heritage.

Displaced

Refers to individuals or populations forced to leave their usual residence due to environmental changes, conflict, or other disruptions.

Overuse

Utilizing a resource to such an extent that it leads to its significant depletion or damage.