Final answer:
Quantitative risk analysis is indeed meant to assess the real impact of risks in monetary terms, time, project scope, or quality, which helps stakeholders in informed decision-making.
Step-by-step explanation:
The statement "The purpose of quantitative risk analysis is to understand the actual impact in terms of dollars, time, project scope, or quality" is true. Quantitative risk analysis involves numerically estimating the probability of different risks and assessing their impact on project objectives. This analytic process provides a way to anticipate potential financial losses or gains, delays or accelerations in timelines, alterations to the project scope, and changes in quality levels. By quantifying risks, stakeholders can make informed decisions about risk management strategies and the allocation of resources.