Exam PMP topic 1 question 469 discussion

Compute everything 10000 x 1 = 10000 8000 x 1 = 8000 25000 x 1 = 25000 5000 * 0.75 = 3750 4000 * 0.5 = 2000 20000 * 0.9 = 9000 Sort 25000, 10000, 9000, 8000, 3750, 2000 Match numbers to table Req3, Req1, Risk 3, Req 2, Risk 1, Risk 2

Risks are not implemented, obviously. Only requirements. You must match each requirement with its risk in the decision tree, so: Requirement 1: 10000 - (5000*0,75)=6250 Requirement 2: 8000 - (4000 * 0,5)=6000 Requirement 3: 25000 - (20000*0,45)=9000 The answer ordered by value is C, Req3 Req 1 Req 2

PMI Agile Practice Guide (2017), Section 5.2.3 “Risk Management in Agile Projects” “The team identifies risks, prioritizes them, and places work items in the backlog to address or mitigate those risks.” (Agile Practice Guide, p. 58) ------------------------- A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Seventh Edition, “Tailoring Considerations for Agile/Adaptive Environments” “In adaptive approaches, risk response actions can be included in the product backlog, sprint backlog, or Kanban board.” (PMBOK® Guide – Seventh Edition, “Tailoring for Development Approaches”) ----------------------------

C is flat out wrong. Risk 3 = 9000 is not > 10,000 Answer is D

Please anyone can clarify if the Project Risks must be introduced into the Product Backlog?

C. Requirement 3, Requirement 1, Requirement 2 product backlog should contain only user stories associated with each requirements. For risk, there should be a risk-adjusted backlog which will have all identified risk and their priorities and task to respond that risks.

D. Requirement 3, Requirement 1, Risk 3, Requirement 2, Risk 1, Risk 2

Risk can't be in product backlog

I think this is a trick question. I don't believe risks would ever be added or prioritized in the product backlog and the PMBOK says nothing about adding/tracking/assigning value to risks in the *key word* product backlog.

Expected monetary value( EMV)= Risk * probability % So EMV for the risks 5000 * 0.75 = 3750 4000 * 0.5 = 2000 20000 * 0.9 = 9000 And Business value for each requirement 10000 8000 25000 So after sorting these numbers, Req3, Req1, Risk 3, Req 2, Risk 1, Risk 2

Weighted scoring is a Six sigma method. I have not seen weighted scoring of ROI based on risk. So I would go Req 3, Req 1, Req 2 based on value of delivery early in agile.

You will have to multiply the priority/probability to each cost

follow the money , should be D

B seems correct

U Should Consider the value and risk, starting with Requirement 3 than the value of risk 3 = 20000 * 45% next

I think should be A. high value high risk

Any explanation pls?