Sunday, December 28, 2008

Perform Quantitative Risk Analysis: Output (in terms on PMP)

Risk Register Updates:

  • Prioritized list of quantified risks
    What are the risks that most likely to cause trouble? That needs the most contingency?

  • Amount of contingency and cost reserves needed.

  • Possible realistic and achievable completion date and project costs with confidence level versus the cost oand time objective for the project.

  • The quantified probability of meeting project objectives.

  • Trends in quantified risk analysis.

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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)