CAPM (Certified Associate in Project Management) Practice Exam

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What are updated from quantitative risk analysis?

Stakeholder communications
Probabilistic analysis of the project and prioritized list of quantified risks
Marketing strategies
Physical project models

The correct answer is: Probabilistic analysis of the project and prioritized list of quantified risks

Quantitative risk analysis involves numerically analyzing the probability and impact of identified risks to determine their expected monetary value. The updated outcome of this analysis is a prioritized list of quantified risks based on probability and impact, which helps in understanding and managing the risks effectively. Therefore, option B, "Probabilistic analysis of the project and prioritized list of quantified risks," is the correct answer. Options A, C, and D are incorrect because they do not directly relate to the process of quantitative risk analysis. Stakeholder communications (Option A) focus on engaging with project stakeholders, marketing strategies (Option C) involve promoting products or services, and physical project models (Option D) are used for visual representation of projects, none of which are directly associated with the outcomes of quantitative risk analysis.