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

Limited Time Offer

25%

Off

Get Premium SMC Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Nobuko

14 days ago

The Product Owner is using Expected Monetary Value (EMV) to perform the cost-benefit analysis. EMV takes into account the probability and potential impact of the loss, which is exactly what's described in the question.

upvoted 0 times

...