Project Management Professional (PMP) Exam Practice – Question2032

Your company is evaluating two projects for consideration. Project A has a 40% probability of $69,000 US and a 60% probability of -$10,000 US. Project B has a 60% probability of $56,000 US and a 40% probability of -$15,000 US. Which of the projects would
you select based on the greatest expected monetary value?


A.
Project A
B. Project B
C. Project A and B are of even value
D. The expected monetary value is not high enough on either to make a selection

Correct Answer: B