Final answer:
Analyzing the scope of a project and determining the probability of success is called project risk assessment.
Step-by-step explanation:
Analyzing the scope of a project and determining the probability of success is called project risk assessment. Project risk assessment involves identifying the potential risks and uncertainties associated with a project and evaluating their likelihood of occurrence and impact on the project's success.
In project risk assessment, various techniques and tools can be used, such as probability analysis, sensitivity analysis, and Monte Carlo simulation. These techniques help project managers make informed decisions and develop strategies to mitigate risks and increase the likelihood of project success.
For example, in a software development project, the project manager may analyze the scope of the project, identify potential risks such as technical challenges or resource constraints, and assess the probability of these risks occurring and their impact on project milestones and deliverables.