You are a Project Manager. You need to decide whether to buy insurance for a temporary manufacturing facility. The likelihood of a mishap is assessed at 10% and the likely impact is evaluated at \500,000. The cost of insuring is \20,000 and has a \10,000 deductible. Would you buy insurance?

Question

Examsnet · Accepted Answer

Correct Answer is : Yes, because 50,000 > 21,000

PMP Certification Practice Test 7