Description
This technique is mostly used in quantitative risk analysis where the project
duration, cost, resource requirement, and scope are uncertain for a planned
activity.
The variables are generally presented as the ranges of values and
plotted as a probability distribution graph for analysis.
It is an independently-used
project management tool.
Where
it is Used
Process Groups
Planning
Knowledge Areas
Project Risk Mgmt.
Activities
Perform Quantitative Risk Analysis
Process Group
|
Knowledge Area
|
Activity
|
Planning
|
Project Risk Mgmt.
|
Perform Quantitative Risk Analysis
|
