Saturday, November 29, 2008

Quantitative Risk Analysis - Introduction

Quantitative risk analysis is:
  • the process of numerically assessing the probability and impact of each risk.
  • determined the extent of the overall project risk.
  • determined by the cost and schedule reserves.
  • identified risks requiring the most attention.
  • created by realistic and achievable cost, schedule or scope targets.

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Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)