Perform Quantitative Risk Analysis is the process of numerically analyzing the effect of identified risks on overall project objectives.

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Quantitative Risk Analysis is a process that involves numerical analysis of identified risks to assess their potential impact on overall project objectives. It assigns a numerical value to the probability and impact of each risk, providing a more precise understanding of the risks and their potential consequences. This enables project managers to prioritize risks and develop appropriate risk response strategies.

Perform Quantitative Risk Analysis Is the Process of Numerically Analyzing