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NEW QUESTION: 1
The product owner decides to launch a product after a couple of releases knowing that the minimum viable product (MVP) lacks some features One of the key stakeholders the marketing vice president is not happy with the results and questioned the release decision.
What should the project manager do?
A. Assume the responsibility for product releases making the final call on when something is ready for customer launch
B. Support the product owner's decision and seek better alignment with this stakeholder in order to avoid this type of issue in the future
C. Escalate the issue to the sponsor questioning the authority of the key stakeholder regarding the product launch decision
D. Coach the team on the decision-making process, assuming a risk-averse strategy towards product releasing
Answer: C

NEW QUESTION: 2
You are managing a software engineering project, when two team members come to you with a conflict. The lead developer has identified an important project risk: you have a subcontractor that may not deliver on time. The team estimates that there is a 40% chance that the subcontractor will fail to deliver. If that happens, it will cost an additional $15,250 to pay your engineers to rewrite the work, and the delay will cost the company $20,000 in lost business. Another team member points out an opportunity to save money an another area to offset the risk: if an existing component can be adapted, it will save the project $4,500 in engineering costs. There is a 65% probability that the team can take advantage of that opportunity. What is the expected monetary value (EMV) of these two things?
A. $6,100
B. $39, 750
C. - $11,175
D. - $14,100
Answer: C
Explanation:
To calculate the expected monetary value (EMV) of a set of risks and opportunities, multiply each probability by its total cost and add them together. In this question, the cost of the risk is -$15,250 + -$20,000 = -$35,250, so its EMV is 40% x -$35,250 = -$14,100. The value of the opportunity is $4,500 and its probability is 65%, so its EMV is 65% x $4,500 = $2,925. So the total EMV for the two is -$14,100 + $2,925 = -$11,175. opportunity is positive.

NEW QUESTION: 3
Scientific discoveries often lead to the development of new technology. However, the reverse may also be true. A technological invention may open the door for much more scientific activity.
Which technological development has had the greatest impact on the human health sciences?
A. microscope
B. concrete
C. toothbrush
D. nylon
E. camera
Answer: A

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