Description
It is the process of numerical analysis of the effects of identified risks and other sources of uncertainties on the project work. It is used in the Planning Process Group and in the Risk Mgmt Knowledge Area.
Process Group
This activity is done in the following Process Group(s) during the project management.
Planning
Knowledge Area
This activity is done in the following Knowledge Areas during project management.
Project Risk Mgmt.
Tool
This activity is performed by using the following project management tools and techniques by the project manager and the team.
Tool Type | Tool |
Data analysis Tool | Decision tree analysis |
Influence diagrams | |
Sensitivity analysis | |
simulation | |
Data gathering Tool | Interviews |
Interpersonal and team skills Tool | Facilitation |
Common | Expert judgment |
Representations of uncertainty |
Input
Performing this project management activity uses the following inputs to be used along with the tools and techniques in order to produce the expected outputs as mentioned below.
Input Type | Input |
Common Input | Enterprise environmental factors |
Organizational process assets | |
Project documents | Assumption log |
Basis of estimates | |
Cost estimates | |
Cost forecasts | |
Duration estimates | |
Milestone list | |
Resource requirements | |
Risk register | |
Risk report | |
Schedule forecasts | |
Project management plan | Cost baseline |
Risk management plan | |
Schedule baseline | |
Scope baseline |
Output
This activity in project management results in the following outputs after proving the required inputs and using the appropriate tools or techniques as mentioned above.
Output Type | Output |
Project documents updates | Risk report |
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