medium · Project Management Professional Predictive (Plan-Driven)
Larkspur Health is developing a predictive diagnostic tool. A regulatory delay threat (probability 0.3, impact -$120,000) and a supply chain risk (probability 0.5, impact -$40,000) are analyzed. An early patent approval opportunity is also noted (probability 0.4, impact +$80,000).
What is the risk-based contingency reserve?
- $32,000
- $24,000
- $160,000
- $56,000
Sign up free to see the explanation and track your rank →
More Project Management Professional Predictive (Plan-Driven) practice
- What should the project manager do?
- Which logical relationship should be recorded in the schedule model?
- A project manager at Harborline Transit is asked by a… Which 'Mindset' rule does this…
- What is the best action?
- A project manager at Ironvale Grid is leading a session to… What is the name of this…
- What should the project manager have included in the closure documents to address this?
- During the construction of the Ironvale Grid transmission… How should this be represented…
- Which process is being performed?
All Predictive (Plan-Driven) questions · Project Management Professional study guide · Project Management Professional glossary · Project Management Professional flashcards