Project Management Professional (PMP) Exam Practice – Question1579 | Project Management Professional PMP Mock Exam Practice

A project health check identified a risk that your project would not be completed on time. As a result, you are quantifying the project's risk exposure and determining what cost and schedule contingency reserves might be needed. You performed a schedule risk
analysis using Monte Carlo analysis. The basis for your schedule risk analysis is the______________

A. WBS
B. Gantt chart
C. Schedule network diagram and duration estimates
D. Probability/impact risk rating matrix

Correct Answer: C

Explanation:

Explanation:
When determining the likelihood of meeting the project’s schedule end date through Monte Carlo, the schedule network diagram and duration estimate are used as inputs to the simulation program. Cost risk, on the other hand, uses cost estimates from the WBS.