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ISEB-PM1 · Question #622

Range estimating in determining cost risk probabilities requires _____ .

The correct answer is C. All of the other alternatives apply. You've hit your weekly limit · resets 5am (America/New_York)

Risk Management

Question

Range estimating in determining cost risk probabilities requires _____ .

Options

  • Aan amount of financial exposure.
  • Brisks and opportunities ranked in order of bottom line importance
  • CAll of the other alternatives apply.
  • Dcontingency requirements for expected level of confidence
  • Eprobability of cost overrun occurrences

How the community answered

(43 responses)
  • A
    5% (2)
  • B
    2% (1)
  • C
    79% (34)
  • D
    12% (5)
  • E
    2% (1)

Explanation

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Topics

#range estimating#cost risk#probability#contingency reserve

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