The project manager wants to use an objective method to evaluate the key project risks and develop response plans.

What action should the risk manager propose?

A . Ask the team to perform an earned value analysis.

B. Review the lessons learned from other projects.

C. Ask the team to prepare a Monte Carlo analysis.

D. Ask the risk expert to perform a PESTLE evaluation.

**Answer: **C

Explanation:

The action that the risk manager should propose is to ask the team to prepare a Monte Carlo analysis. This is a statistical technique that can be used to model the probability of different outcomes in a project. By performing a Monte Carlo analysis, the project manager can objectively evaluate key project risks and develop response plans based on this analysis.

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