Exam PMI-RMP topic 1 question 269 discussion

The P90 date, in project management, refers to the date by which there is a 90% probability that the project will be completed. It's determined through Monte Carlo analysis, which is a statistical technique used to analyze the impact of risk and uncertainty in project schedules. The P90 date indicates a level of confidence in project completion, with only a 10% chance of it being delayed beyond that date. Risk mitigation to make it P99!

D. Hire more resources and crash the schedule The P90 date, which is the date that has a 90% probability of being achieved based on the Monte Carlo analysis, is an important target for the project. To ensure that this date is met, the project manager may need to take steps to accelerate the project schedule, such as hiring additional resources or "crashing" the schedule. Crashing the schedule involves identifying ways to reduce the duration of certain project activities or tasks in order to meet the P90 date. In addition to crashing the schedule, the project manager may also want to consider other risk management strategies to help ensure that the P90 date is met. This could include mitigating risks identified on the sensitivity analysis, updating the assumptions/exclusions register, or performing a qualitative risk analysis for the project. By taking a proactive and systematic approach to risk management, the project manager can help to ensure that the project is completed on time and within budget.