easy · Project Management Professional predictive
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?
- Calculate the net EMV as -$5,000 for the threat and +$6,000 for the opportunity.
- Ignore the opportunity since project managers should only focus on mitigating threats.
- Ask the sponsor for $50,000 in management reserve to cover the downtime.
- Implement the open-source module immediately to capture the +$12,000.
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