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NEW QUESTION: 1
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. - $14,100
B. $6,100
C. - $11,175
D. $39, 750
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: 2
Which two customer challenges does Cisco DCNM address? (Choose two.)
A. Cisco DCNM is designed to work with Cisco Fabric Manager.
B. Cisco DCNM generates alerts when it detects an issue that may negatively affect service.
C. Cisco DCNM is designed for enterprise customers only to increase network uptime.
D. Cisco DCNM proactively monitors the overall health of the data center network.
E. Cisco DCNM Essentials Edition is capable of VM-aware monitoring, which reduces administrative
overhead.
Answer: B,D

NEW QUESTION: 3
Two team members approach a project manager with different ideas for completing a task. After listening to the team members' ideas, the project manager does not choose either one and requires both members to finish the task as originally planned. Which of the following conflict resolution techniques is the project manager applying?
A. Forcing
B. Avoiding
C. Smoothing
D. Compromising
Explanation
"Smoothing is a temporary way to resolve conflict. In this technique, the areas of agreement are emphasized over the areas of difference" Excerpt From: Kim Heldman. "CompTIA Project+ Study Guide." iBooks.
Answer: C

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