Do you need customer support or technical assistance? Click here to submit a support ticket...
  • Page:
  • 1

TOPIC: Question Risk mgmt - Why do Decision tree technique is been part of Perform Quantitative risk analysis?

Risk mgmt - Why do Decision tree technique is been part of Perform Quantitative risk analysis? 1 year 5 months ago #7472

  • Gunaseelan Shanmugam
  • Gunaseelan Shanmugam's Avatar Topic Author
  • Offline
  • Fresh Boarder
  • Fresh Boarder
  • Posts: 7
  • Thank you received: 2
Since Decision tree deals with making decisions, Should it be part of control risk process, which deals with implementation of risk response?

Risk mgmt - Why do Decision tree technique is been part of Perform Quantitative risk analysis? 1 year 5 months ago #7524

  • Ahmed Amin
  • Ahmed Amin's Avatar
  • Offline
  • Moderator
  • Moderator
  • Posts: 300
  • Karma: 7
  • Thank you received: 72
decision trees is already used in Quantitative risk analysis, and as you suggested during Control Risks we will have to go through the outputs from the Quantitative Risk analysis which will require modification and updates based on the current situation. So, decision trees may be implicitly used during Control risks process.
Ahmed Amin Abdullah, PMP
Community Moderator
  • Page:
  • 1
Moderators: Yolanda MabutasAhmed AminScott GillardMary Kathrine PaduaERIC BARTLETTGail FreedmanKevin NasonSteven Mudrinich, PMPMark Wuenscher, PMPJohn WolvertonTracy Shagnea, PMPJada Garrett

OSP INTERNATIONAL LLC
OSP INTERNATIONAL LLC
Training for Project Management Professional (PMP)®, PMI Agile Certified Practitioner (PMI-ACP)®, and Certified Associate in Project Management (CAPM)®

Boost Your PMP Exam Prep in Only Six Hours! Join the Live PMP Coaching Class on Dec 02/03 for just $79. Learn More...
The PMP Exam is Changing in 2018
Simona and Cornelius
Free Interview - Listen Now

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.

Thank you!
Cornelius Fichtner, PMP, CSM