check your Knowledge - Good one

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EsakkiMuthu
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check your Knowledge - Good one

Postby EsakkiMuthu Sat Mar 26, 2016 8:04 pm

Image
Regards
Esakki
PMI-ACP, PMP
Vijayasenthil
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Joined: Fri Feb 26, 2016 7:05 am

Re: check your Knowledge - Good one

Postby Vijayasenthil Sun Mar 27, 2016 1:48 pm

I guess option is B...
EsakkiMuthu
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Re: check your Knowledge - Good one

Postby EsakkiMuthu Sun Mar 27, 2016 3:13 pm

Yep.. Thanks correct :)
Regards
Esakki
PMI-ACP, PMP
sriram manian
Posts: 13
Joined: Tue Apr 12, 2016 3:18 am

Re: check your Knowledge - Good one

Postby sriram manian Tue Apr 12, 2016 6:55 am

Dear all,

I am new to this group. why the option is not A. when you sum up everything the answer is -11600. Please explain.
rnmapv15
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Joined: Sun Jan 10, 2016 1:41 pm

Re: check your Knowledge - Good one

Postby rnmapv15 Thu Apr 21, 2016 2:41 am

Please clarify. How come the answer is "11600"
manishpn
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Re: check your Knowledge - Good one

Postby manishpn Thu Apr 21, 2016 8:48 am

Hi,

when we sum up Probability * Impact for all risks the sum is -11600 which means that if all the risks occurs there will be total negative impact of 11600 on project and for that project needs to have contingency reserve of 11600 to be able to mitigate that negative impact
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/
sriram manian
Posts: 13
Joined: Tue Apr 12, 2016 3:18 am

Re: check your Knowledge - Good one

Postby sriram manian Sun May 08, 2016 4:01 pm

Thank you, which means we are expressing the contingency reserve in positive manner for a negative impact.
manishpn
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Re: check your Knowledge - Good one

Postby manishpn Sun May 08, 2016 7:25 pm

yes you are correct
Br,
Manish P
PMP, PMI - ACP, SAFe Agilist
http://www.izenbridge.com/blog/7-effect ... ification/

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