Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

ScrumStudy SMC Exam - Topic 4 Question 125 Discussion

While performing a cost-benefit analysis, the Product Owner of a project determined that the project has 45% probability of incurring a loss of $800,000 due to the latest Land Reform Bill. Which of the following techniques is being used by the Product Owner to perform cost-benefit analysis?
D) Risk Breakdown Structure.
A) Expected Monetary Value.
B) Probability Impact Grid.
C) Pareto Analysis.

ScrumStudy SMC Exam - Topic 4 Question 125 Discussion

Actual exam question for ScrumStudy's SMC exam
Question #: 125
Topic #: 4
[All SMC Questions]

While performing a cost-benefit analysis, the Product Owner of a project determined that the project has 45% probability of incurring a loss of $800,000 due to the latest Land Reform Bill. Which of the following techniques is being used by the Product Owner to perform cost-benefit analysis?

Show Suggested Answer Hide Answer
Suggested Answer: D

Contribute your Thoughts:

0/2000 characters
Jennie
12 hours ago
This sounds similar to a practice question we did on risk management, and I feel like Expected Monetary Value was the right answer there as well.
upvoted 0 times
...
Leonor
6 days ago
I'm not entirely sure, but I remember something about the Probability Impact Grid being used for assessing risks, so it could be that too.
upvoted 0 times
...
Herman
11 days ago
I think the Product Owner is using Expected Monetary Value since it involves calculating potential losses based on probabilities.
upvoted 0 times
...
Curtis
16 days ago
I thought Pareto Analysis was more about prioritizing issues rather than calculating expected losses, so I’m leaning towards the first option.
upvoted 0 times
...
Selma
2 months ago
This seems similar to a practice question we did on risk analysis, and I feel like Expected Monetary Value was the right answer there too.
upvoted 0 times
...
Carmen
2 months ago
I'm not entirely sure, but I remember something about the Probability Impact Grid being used to assess risks. Could that be it?
upvoted 0 times
...
Brandee
2 months ago
I think the Product Owner is using Expected Monetary Value since it involves calculating the probability of loss and its impact.
upvoted 0 times
...

Save Cancel