Which of the following results in a probability distribution for possible project outcomes rather than a dollar estimate?
A)Sensitivity analysis
B)Simulation analysis
C)Value driver analysis
D)Scenario analysis

Question

Quizplus · Accepted Answer

Simulation analysis involves running multiple scenarios and analyzing the frequency and likelihood of different outcomes, resulting in a probability distribution. Sensitivity analysis, value driver analysis, and scenario analysis all involve analyzing the impact of different variables on project outcomes, but they do not necessarily result in a probability distribution.

Which of the Following Results in a Probability Distribution for Possible