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A statistical method for identifying which factors may influence specific variables of a product or process under development or in production is called

cost benefit analysis.
sensitivity analysis.
cost of quality analysis.
design of experiments.

Correct Answer: design of experiments.

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More Questions from PMP Certification

Who Creates The Project Charter?
A project in PMP can be defined as a :
Typically not referred to as a buffer type in critical chain project management is ______.
The project manager meets with the project team to review lessons learned from previous projects. In what activity is the team involved?
An important tool for project scope management is
Importance of project life cycle?
What is the Purpose of a Project Charter?
An accepted deadline for a project approaches. However, the project manager realizes only 75% percent of the work has been completed. The project manager then issues a change request. What should the change request authorize?
4 phases of project management are
The organizational form in which the project manager has informal authority over team members and little or no input to team member’s performance appraisal is called

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