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PMI-RMP Exam - Topic 7 Question 28 Discussion

Actual exam question for PMI's PMI-RMP exam
Question #: 28
Topic #: 7
[All PMI-RMP Questions]

Consider the risk probability-impact matrix in the figure given below:

If Risk B happens in this project, how much will be left in the contingency reserve?

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Suggested Answer: A

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Sanjuana
4 months ago
Totally agree with $193,500!
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Yvonne
4 months ago
Wait, how can we be sure about this?
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Lashaunda
4 months ago
It really depends on the total budget, right?
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Rasheeda
4 months ago
I think it could be negative, like -$334,500.
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Deeann
4 months ago
I'm pretty sure it's $193,500.
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Noemi
5 months ago
I vaguely remember that the contingency reserve is adjusted based on the impact of risks, but I’m torn between options C and D. I wish I had reviewed that section more thoroughly!
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Karina
5 months ago
If Risk B happens, I feel like it could really affect the budget, but I can't recall the exact calculations we did in class. Maybe it depends on the total budget?
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Marci
5 months ago
I think we had a similar practice question where we had to calculate the remaining contingency reserve after a risk occurred. I might lean towards option A, but I’m not completely confident.
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Marvel
5 months ago
I remember we discussed how the probability-impact matrix helps in determining the financial implications of risks, but I'm not sure how it applies here.
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Tequila
5 months ago
Okay, I think I've got this. Level III provides firm quotations, which are the actual prices that market makers are willing to buy and sell at.
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Albina
5 months ago
Okay, I think I've got it. The most efficient way would be to create a custom indicator field for the username and link it to the existing system indicator. That way, the username gets pulled out automatically. Option A seems like the simplest solution.
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Celestine
5 months ago
I feel like only looking at the average and ignoring the range could be misleading. I should double-check how they relate in this context.
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Casandra
5 months ago
Okay, I've got an idea. The metric that deals with the integrity of the data being modified would be the most relevant here. I'll go with D. integrity.
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