GAQM Exam PPM-001 Topic 10 Question 75 Discussion

Actual exam question for GAQM's PPM-001 exam

Question #: 75
Topic #: 10

What is the expected activity cost for a project having a most likely cost of $140, a best case scenario of $115, and a worst case scenario of $165?

A$115

B$138

C$140

D$165

Show Suggested Answer

Suggested Answer: D

by Cecil at Oct 03, 2023, 04:06 AM

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Reuben

3 months ago

I don't know about you, but I'm feeling a bit 'cost-conscious' today. Maybe we should just flip a coin and call it a day?

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Ronald

1 months ago

I agree, let's go with $138 for the expected cost.

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Sharika

1 months ago

Looks like the expected activity cost is $138. Let's go with option B)

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Lottie

1 months ago

So, (115 + 4 * 140 + 165) / 6 = $138

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Odette

2 months ago

I think the expected cost is $138 as well.

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Susana

2 months ago

Let's not leave it up to chance, the expected cost is $138.

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Janessa

2 months ago

Let's calculate the expected activity cost using the formula: (best case + 4 * most likely + worst case) / 6

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Rima

3 months ago

D) $165? Only if I'm planning a party for the project manager's retirement. This isn't the worst-case scenario, it's the 'let's add a hefty contingency' scenario.

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Weldon

3 months ago

A) $115? Really? Maybe if I had a time machine and could guarantee the best-case scenario. Otherwise, I'll have to pass on that one.

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Louis

1 months ago

D) I would go with option C) $140 as the expected activity cost.

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Kristel

1 months ago

C) I agree, the expected cost is usually closer to the most likely scenario.

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Laurel

2 months ago

B) I think the expected activity cost would be closer to the most likely cost of $140.

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Michal

2 months ago

A) $115? Really? Maybe if I had a time machine and could guarantee the best-case scenario. Otherwise, I'll have to pass on that one.

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Anglea

3 months ago

I'm going with B) $138. The expected cost should be somewhere between the best and worst case scenarios, right?

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Tarra

2 months ago

I agree with you, the correct answer is C) $140.

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Eleonora

2 months ago

I think it's C) $140. The expected cost is calculated using the formula (best case + 4 * most likely + worst case) / 6.

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Trina

3 months ago

C) $140 seems like the obvious choice here. It's the most likely cost, so why overthink it?

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Avery

3 months ago

That makes sense. So, the answer would be C) $140.

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Pamella

3 months ago

So, the expected cost would be ($140 + $115 + $165) / 3 = $140.

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Noelia

4 months ago

I think the expected activity cost is the average of the most likely, best case, and worst case scenarios.

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