All of the Following Describe the Appropriate Application of Perform

question 18

Multiple Choice

All of the following describe the appropriate application of Perform Quantitative Risk Analysis in project management EXCEPT:​ 

• A) Large, complex and expensive projects stand to benefit from the additional rigor of quantitative risk analysis techniques. 
• B) Quantitative techniques are used when it is critical to predict the probability of completing a project on time or within budget with confidence. 
• C) Brainstorming techniques are used by the team and other stakeholders to identify as many project risks as possible. 
• D) Decision Tree Analysis and Simulation techniques such as Monte Carlo Analysis are examples of useful quantitative risk analysis techniques.

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Definitions:

Motivation

The process of stimulating individuals to take action towards achieving desired goals, influenced by both intrinsic and extrinsic factors.

Critical Thinking

The ability to think clearly and rationally, understanding the logical connection between ideas, and critically evaluating arguments and evidence.

Organizational Problems

Issues or challenges within a company or institution that hinder its operations or achievements of objectives.

Leader Attributes

The qualities, traits, and characteristics that are often associated with effective leadership.