nerdexam
PMIPMI

PMI-RMP · Question #53

PMI-RMP Question #53: Real Exam Question with Answer & Explanation

The correct answer is D: Approximately 11 months. See the full explanation below for the reasoning.

Perform Targeted Risk Analysis

Question

You are the project manager for your organization. You have identified a risk event you're your organization could manage internally or externally. If you manage the event internally it will cost your project $578,000 and an additional $12,000 per month the solution is in use. A vendor can manage the risk event for you. The vendor will charge $550,000 and $14,500 per month that the solution is in use. How many months will you need to use the solution to pay for the internal solution in comparison to the vendor's solution?

Options

  • AApproximately 8 months
  • BApproximately 15 months
  • CApproximately 13 months
  • DApproximately 11 months

Topics

#Risk response planning#Cost-benefit analysis#Quantitative risk analysis#Risk response options

Community Discussion

No community discussion yet for this question.

Full PMI-RMP PracticeBrowse All PMI-RMP Questions