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Hello everyone! Here is this week's free PMP exam sample question from the PM Exam Simulator.
Sensitivity analysis has strong similarities to which of the following?
A. Probability Distributions
B. Risk Identification
C. Tornado Diagram
D. Statistical Sampling
HINT: Sensitivity analysis is a risk analysis technique, not a risk identification technique.
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Answer and Explanation:
The correct answer is C.
Sensitivity analysis is a risk analysis technique, not a risk identification technique. It is not a sampling technique or a distribution. In Sensitivity analysis one looks at the effect of varying the inputs of a mathematical model on the output of the model itself. The Tornado Diagram is an example for sensitivity analysis.
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This interview with Simona Fallavollita (LinkedIn Profile) was recorded at the magnificient Project Management Institute (PMI)® Global Conference 2017 in Chicago, Illinois. We discuss the how, what, why and when of the changes that are coming to the PMP exam.