Ned is the project manager of the HNN project for your company. Ned has asked you to help him complete some probability distributions for his project. What portion of the project will you most likely use for probability distributions?
A.
Uncertainty in values such as duration of schedule activities
B.
Bias towards risk in new resources
C.
Risk probability and impact matrixes
D.
Risk identification
Explanation:
Risk probability distributions are likely to be utilized in uncertain values, such as time and cost estimates for a project.
Answer option D is incorrect. Risk probability distributions are not likely the risk identification. Answer option C is incorrect. Risk probability distributions are not likely to be used with risk probability and impact matrices.
Answer option B is incorrect. Risk probability distributions do not typically interact with the bias towards risks in new resources.
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth Edition"
A