IIBA Certified Business Analysis Professional CBAP Question # 28 Topic 3 Discussion
CBAP Exam Topic 3 Question 28 Discussion:
Question #: 28
Topic #: 3
Which of the following quantitative risk analysis techniques relies on experience and past data to compute the probability and impact of risks on project objectives?
Interviewing is a quantitative risk analysis technique that relies on experience and past data to compute the probability and impact of risks on project objectives. Interviewing involves asking experts, stakeholders, or team members to provide their estimates of the likelihood and consequences of the identified risks, based on their knowledge, judgment, or historical records. Interviewing can be conducted individually or in groups, using structured or unstructured questions, and using qualitative or quantitative scales. Interviewing helps to obtain a range of possible outcomes and their probabilities, as well as to identify the assumptions and uncertainties behind the estimates. References: IIBA BABOK Guide v3, section 11.2.2.5, page 388; CBAP / CCBA Certified Business Analysis Study Guide, 2nd Edition, chapter 5, page 232; CBAP Sample Questions, question 236.
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