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PK0-005 · Question #453

PK0-005 Question #453: Real Exam Question with Answer & Explanation

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Project Management Concepts

Question

A project manager and team are reviewing a task that is supposed to take 9 days to complete and cost $3,000. There is a 20% chance that an associated risk related to changing requirements could occur, resulting in network that would add an additional 5 days and $1,000 in costs. Which of the following represents the total amount that should be budgeted for the task?

Options

  • A9 days and $3,000
  • B10 days and $3,200
  • C12 days and $3,800
  • D13 days and $3,600

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Topics

#Risk Management#Budgeting#Expected Monetary Value (EMV)#Project Planning
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