KomFi. Academy

easy · Project Management Professional Predictive (Plan-Driven)

Nimbus Clinics is managing a clinical software deployment using a predictive approach. A risk of server downtime has been identified (probability 0.10, impact -$50,000), alongside an opportunity to use open-source modules (probability 0.50, impact +$12,000).

What should the project manager do first to update the risk report?

  1. Calculate the net EMV as -$5,000 for the threat and +$6,000 for the opportunity.
  2. Ignore the opportunity since project managers should only focus on mitigating threats.
  3. Ask the sponsor for $50,000 in management reserve to cover the downtime.
  4. Implement the open-source module immediately to capture the +$12,000.

Sign up free to see the explanation and track your rank →

More Project Management Professional Predictive (Plan-Driven) practice

All Predictive (Plan-Driven) questions · Project Management Professional study guide · Project Management Professional glossary · Project Management Professional flashcards