Correction for Sunday's PMP Exam Sample Question
Published: Tue, 04/12/11
|
|
| PMI®,
PMP®,
CAPM® and PMBOK® Guide are trademarks of the Project Management
Institute,
Inc. PMI® has not endorsed and did not participate in the development of our products. OSP International LLC has been reviewed and approved as a provider of project management training by the Project Management Institute (PMI). As a PMI Registered Education Provider (R.E.P.), OSP International LLC has agreed to abide by PMI established quality assurance criteria. Copyright © 2010-2011 by OSP International LLC. All Rights Reserved. |
You are managing a construction project. You have just been intimated that it is likely to rain heavily during the next week. This can delay your project by a week and you will miss a deadline. This risk will cost you a potential impact of $50,000 if it happens. The probability of the occurrence of this risk is 75%. What is the expected value for this risk? 