GIAC
GCPM · Question #48
the risk responses. Your project has a budget of $450,000 and is expected to last seven months. You have identified a risk event that has a probability of .60 and has a cost impact of $250,000…
The correct answer is B. Risk exposure is $150,000. See the full explanation below for the reasoning.
Question
the risk responses. Your project has a budget of $450,000 and is expected to last seven months. You have identified a risk event that has a probability of .60 and has a cost impact of $250,000 within the project. While creating a risk response for this event, what is the risk exposure of the event that must be considered for the cost of the risk response?
Options
- ARisk exposure is $250,000.
- BRisk exposure is $150,000.
- CRisk exposure is $350,000.
- DRisk exposure is $50,000.
How the community answered
(28 responses)- A11% (3)
- B82% (23)
- C4% (1)
- D4% (1)
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