Homework Help is Here – Start Your Trial Now!
Business
Management
Ident Located Impact Probability Factored in WBS (K$) (%) Value Risk1 3.4.1 155 10 Risk2 4.5.8 495 15 Risk3 5.1.1 205 50 Risk4 6.2.3 35 45 Risk5 8.1.3 705 25 Opp1 2.5.7 -345 15 Opp2 3.7.7 -275 10 Opp3 4.2.3 -450 25 Opp4 5.5.2 -250 25

Ident Located Impact Probability Factored in WBS (K$) (%) Value Risk1 3.4.1 155 10 Risk2 4.5.8 495 15 Risk3 5.1.1 205 50 Risk4 6.2.3 35 45 Risk5 8.1.3 705 25 Opp1 2.5.7 -345 15 Opp2 3.7.7 -275 10 Opp3 4.2.3 -450 25 Opp4 5.5.2 -250 25

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
See similar textbooks
icon
Related questions
Question
100%

As a project lead for Project Hoop2, you have been given the task of generating a project reserve.  You have been given the data below, where “Opp” followed by a number means a specified Opportunity.   What is the amount of the total net overall reserve amount that you recommend to the project manager? 

 

Ident Located Impact Probability Factored in WBS (K$) (%) Value Risk1 3.4.1 155 10 Risk2 4.5.8 495 15 Risk3 5.1.1 205 50 Risk4 6.2.3 35 45 Risk5 8.1.3 705 25 Opp1 2.5.7 -345 15 Opp2 3.7.7 -275 10 Opp3 4.2.3 -450 25 Opp4 5.5.2 -250 25
Transcribed Image Text:Ident Located Impact Probability Factored in WBS (K$) (%) Value Risk1 3.4.1 155 10 Risk2 4.5.8 495 15 Risk3 5.1.1 205 50 Risk4 6.2.3 35 45 Risk5 8.1.3 705 25 Opp1 2.5.7 -345 15 Opp2 3.7.7 -275 10 Opp3 4.2.3 -450 25 Opp4 5.5.2 -250 25
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON
SEE MORE TEXTBOOKS