Project Management Professional (PMP) Exam Practice – Question0657

Expected monetary value (EMV) is computed by which equation?


A.
Value of each possible outcome multiplied by probability of occurrence
B. Value of each possible outcome multiplied by probability of non-occurrence
C. Multiplying the value of each possible outcome by the probability of occurrence and adding the products together
D. Multiplying the value of each possible outcome by the probability of non-occurrence and adding the products together

Correct Answer: A

Project Management Professional (PMP) Exam Practice – Question0653

Fast tracking is a schedule compression technique used to shorten the project schedule without changing project scope. Which of the following can result from fast tracking?


A.
The risk of achieving the shortened project time is increased.
B. The critical path will have positive total float.
C. Contingency reserves are released for redeployment by the project manager.
D. Duration buffers are added to maintain a focus on planned activity durations.

Correct Answer: A