A project team needs to decide whether to retrofit a fleet of bicycles as e bikes instead of buying brand new ones The agile coach conducts a group exercise Review the notes on the whiteboard Retrofit old bikes 60 probability of success with a profit of US$50,000 40 chance it will lose US$50,000 Buy new bikes 50 chance of profit greater than US$25,000 50 chance of cost recovery What is this project team doing

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Question: A project team needs to decide whether to retrofit a fleet of bicycles as e-bikes instead of buying brand new ones. The agile coach conducts

A project team needs to decide whether to retrofit a fleet of bicycles as e-bikes instead of buying brand new ones. The agile coach conducts a group exercise. Review the notes on the whiteboard: Retrofit old bikes

60% probability of success with a profit of US$50,000
40% chance it will lose US$50,000

Buy new bikes

50% chance of profit greater than US$25,000
50% chance of cost recovery

What is this project team doing?

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