PMI-RMP Exam Prep: Quantitative Risk Analysis
So, you've identified your project risks and prioritized your risks using qualitative risk analysis. Should you perform quantitative risk analysis now? If so, what tools and techniques will you use? And how does quantitative risk analysis differ from qualitative risk analysis? Let's look at:
What is quantitative risk analysis?
When should we perform this analysis?
How does qualitative and quantitative risk analysis differ?
And let's look at the Expected Monetary Value (EMV) as an example.
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