Question: The Work Breakdown Structure (WBS) of a certain project includes three work packages: A, B, and C. What is the expected EMV of that project

The Work Breakdown Structure (WBS) of a certain project includes three work packages: A, B, and C. What is the expected EMV of that project given the following data? Work Package A has a schedule slippage risk probability of 20% and an impact of $20,000. Work Package B has a cost overrun risk probability of 50% and an impact of $30,000. Work Package C has a resource attrition risk probability of 15% and an impact of $15,000. O A. $15, 588 O B. (-) $15,000 O C. $12,220 O D. (-) $21,250 Activate Wind

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

the work Breakdown Structure ( WBS ) of a certain project includes three work packages: A , B , and C . What is the expected EMV of that project given the following data? Work Package A has a...

Identify the critical path and its activities for Rockfest. How long does the project take? Which activities have a slack time of 8 weeks or more? Identify five (5) major challenges a project manager...

A statement of requirements lists alternative options for enacting the goals of the strategic facility plan. primarily expresses vision statement goals that are a type of stretch goal. primarily...

Page of 6 ZOOM GBMG 1005 Project Management Assignment Three: PMI Mini-Case Study: 3P Books Publishing - eBook Operations Assignment three is a case study involving a digital book publishing company...

This is Quiz 1; It has to be conducted individually, using APA format. Citations and references are required. Objective: Develop a thorough understanding of the project scope and objectives by...

U.S. Army Cost Benefit Analysis Guide 12 JANUARY 2010 Prepared by Office of the Deputy Assistant Secretary of the Army (Cost and Economics) Version 1.0 U.S. Army Cost Benefit Analysis Guide - V 1.0 2...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Please Help - Project Management Plan For Holographic T-shirt Company (Please see Template below) Procurement Management Plan The Procurement Management Plan should be defined enough to clearly...

According to the PMBOK Guide, "the WBS is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team, to accomplish the project objectives and create the...

Reference: https://www.coursehero.com/tutors-problems/Project-Management/22249759-Assignment-In-this-assignment-start-the-process-of-building-or-buying/ Assignment In our previous assignment we...

The only transaction recorded in the plant assets account of Pompei Company in the current year was a $220,000 credit to the Land account. Assuming that this credit resulted from a cash transaction;...

(a) Describe the molecule xenon trioxide, XeO3, using four possible Lewis structures, one each with zero, one, two, or three Xe-O double bonds. (b) Do any of these resonance structures satisfy the...

Which type of visualization is typically NOT used to adequately display the price of a stock because it lacks useful information?

Which of the following provides rules regarding the way companies must protect the personal data of users? A GDPR PHI C OWASP D PII