Hi All,

The following PMP® exam sample question is taken from the Free PMP Exam
Simulator at http://free.pm-exam-simulator.com - The answer is at the very
bottom:

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Sensitivity Analysis has strong similarities to which of the following?
A.) Probability Distributions
B.) Risk Identification
C.) Design of Experiments
D.) Statistical Sampling

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Hint: Sensitivity Analysis is a risk analysis technique not a risk
identification technique.
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Until next time,
Cornelius Fichtner, PMP
President, OSP International LLC
The Project Management PrepCast™ -
http://www.project-management-prepcast.com
The Project Management Podcast™ - http://www.project-management-podcast.com

ANSWER AND EXPLANATION:
The correct answer is C
Explanation: Don't get carried away by choice B. Sensitivity Analysis is a
risk analysis technique not a risk identification technique. It is not a
sampling technique or a distribution. In Design of Experiments one studies
the effect of some process or intervention (the treatment) on some objects
(the experimental units). In Sensitivity Analysis one looks at the effect
of varying the inputs of a mathematical model on the output of the model
itself. In both disciplines one strives to obtain information from the
system with a minimum of physical or numerical experiments.
Reference: PMBOK Guide 4th Edition, pages 197, 298

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