Examsnet
Unconfined exams practice
Home
Exams
Banking Entrance Exams
CUET Exam Papers
Defence Exams
Engineering Exams
Finance Entrance Exams
GATE Exam Practice
Insurance Exams
International Exams
JEE Exams
LAW Entrance Exams
MBA Entrance Exams
MCA Entrance Exams
Medical Entrance Exams
Other Entrance Exams
Police Exams
Public Service Commission (PSC)
RRB Entrance Exams
SSC Exams
State Govt Exams
Subjectwise Practice
Teacher Exams
SET Exams(State Eligibility Test)
UPSC Entrance Exams
Aptitude
Algebra and Higher Mathematics
Arithmetic
Commercial Mathematics
Data Based Mathematics
Geometry and Mensuration
Number System and Numeracy
Problem Solving
Board Exams
Andhra
Bihar
CBSE
Gujarat
Haryana
ICSE
Jammu and Kashmir
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Odisha
Tamil Nadu
Telangana
Uttar Pradesh
English
Competitive English
Certifications
Technical
Cloud Tech Certifications
Security Tech Certifications
Management
IT Infrastructure
More
About
Careers
Contact Us
Our Apps
Privacy
Test Index
PMP Certification Practice Test 3
Show Para
Hide Para
Share question:
© examsnet.com
Question : 70
Total: 72
A global scale software application project includes multiple risks. These include : A 30 percent probability of a 15 day delay in the coding process A 40 percent probability of a 10 day delay in the user interface design process A 10 percent probability of a 20 day delay in the online integration What would be the EMV ( Expected Monetary Value) of the project?
45 days
10 days
10.5 days
23.5 days
Validate
Solution:
To calculate EMV , ( which can be calculated for both time and cost ) , calculate the Probability X Impact for each risk and then add them together. EMV = (.30 x 15 ) + (0.40 x 10) + (0.10 x 20) = 4.5 + 4 + 2 = 10.5
© examsnet.com
Go to Question:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
Prev Question
Next Question