PMP RITA
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PMP Exam 2023 with 100% verified correct answers.
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Risk Register 
A risk register is a repository in which outputs of risk management processes are recorded. Information in a risk register can include the person responsible for managing the risk, probability, impact, risk score, planned risk responses, and other information used to get a high-level understanding of individual risks. 
 
 
 
Configuration Management Plan 
Describes how the information about the items of the project (and which items) will be recorded and updated so that the product...
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PMP-RMC EMV Questions and answers already graded A+
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(1) Question ID: 1026 
If a project has a 60 percent chance of a US $100,000 profit and a 40 percent chance of a US $100,000 loss, the expected monetary value (EMV) for the project is: 
 
A. $20,000 profit 
B. $60,000 loss 
C. $40,000 loss 
D. $100,000 profit 
The correct answer is A. 
 
Expected monetary value is calculated by EMV = probability × impact. We need to calculate both positive and negative values and then add them. 
0.6 × $100,000 = $60,000 
0.4 × ($100,000) = ($40,000) 
Expected...
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PMP Rita Exam Prep Questions-1 and answers
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You receive notification that a major item you are purchasing for a project will be delayed. what is the BEST thing to do? 
 
A. Replan your project to accomodate this delay. 
B. Notify your boss. 
C. Let the customer know about it, and talk over options. 
D. Meet with the team, and identify alternatives. 
D 
 
 
 
Experience shows that each time you double the production of doors, unit costs decrease by 10 percent. Based on this, the company determines that production of 3,000 doors should cost...
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Rita Mulcahy Chapter 11 - Risk Management exam with verified correct answers
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What is the definition of risk management? 
The process of identifying, evaluating and planning responses to events both positive and negative that may occur throughout the course of the project. 
 
 
 
What are threats? 
Risk event identified in advance that have a negative impact on the project. 
 
 
 
What are opportunities in risk management? 
Positive impacts on the project/ good risks. (e.g. if you provide training to employees they can maybe finish the work faster to improve timelines for...
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PMP Ch 9 - Communications Management Questions (Rita Ch 10), FSU COM5450 Exam 3 Prep questions and ANSWERs
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PMP Ch 9 - Communications Management Questions (Rita Ch 10), FSU COM5450 Exam 3 Prep questions and
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PMP Rita Exam Prep Questions - Chapter 9 - Human Resource Mgmt with verified correct answers
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PMP Rita Exam Prep Questions - Chapter 9 - Human Resource Mgmt with verified correct answers
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RMC FRAMEWORK CHAPTER 2 QUESTIONS AND ANSWERS
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RMC FRAMEWORK CHAPTER 2 QUESTIONS AND ANSWERS
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RMC Chpt 3 - Project Management Processes 2023 update with 100% correct answers
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RMC Chpt 3 - Project Management Processes 2023 update with 100% correct answers
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Rita Mulcahy's Project Management Process Chart verified for accuracy
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Rita Mulcahy's Project Management Process Chart verified for accuracy
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PMP Rita Exam Prep Questions -11 with verified correct answers
- Exam (elaborations) • 19 pages • 2023
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1. All of the following are factors **********essment of project risk EXCEPT: 
 
A. Risk event 
B. Risk probability 
C. Amount at stake 
D. Insurance premiums 
Answer D 
 
Insurance premiums come into play when you determine which risk response strategy you will use. 
 
 
 
2. If a project has a 60 percent chance of a $100,000 profit and a 40 percent chance of a $100,000 loss, the expected monetary value for the project is: 
 
A. $100,000 profit 
B. $60,000 loss 
C. $20,000 profit 
D. $40,000 lo...
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