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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

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter14: Data Mining
Section14.2: Classification Methods
Problem 7P
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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
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