ScrumStudy Exam SMC Topic 1 Question 72 Discussion

Actual exam question for ScrumStudy's SMC exam

Question #: 72
Topic #: 1

[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?

AExpected Monetary Value.

BProbability Impact Grid.

CPareto Analysis.

DRisk Breakdown Structure.

Show Suggested Answer

Suggested Answer: A

by Pamella at Jul 30, 2023, 06:25 PM

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Gladis

17 days ago

Hmm, EMV seems like the obvious choice here. Unless the Product Owner is just really into making fancy grids and diagrams, in which case Probability Impact Grid is the way to go.

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Ena

22 days ago

Expected Monetary Value, of course! The question literally says the Product Owner is considering the probability and impact of the loss. That's the definition of EMV, not some Pareto or Risk Breakdown nonsense.

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Cherelle

24 days ago

I'm not sure why the Product Owner is wasting time on this cost-benefit analysis. They should just ask the government to repeal the Land Reform Bill and be done with it!

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Gwen

25 days ago

This is clearly a Probability Impact Grid analysis. The Product Owner is considering the probability and impact of the potential loss, which is the hallmark of this technique.

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Remedios

1 days ago

C) Pareto Analysis.

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Gene

2 days ago

B) Probability Impact Grid.

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Verlene

15 days ago

A) Expected Monetary Value.

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2 months ago

I think the Product Owner is using Expected Monetary Value.

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