PMI Certification Exam Question:

An individuals willingness to take a risk can be determined by:
A. Decision tree modeling.
B. Monte Carlo method,
C. Sensitivity analysis.
D. Utility theory.
E. Maslows hierarchy of needs.

D. Utility theory.

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Explain A benefit-cost ratio of 3.22 indicates a: A. Profit of s3.22 per unit produced. B. Profit of s3.22 for each dollar expended. C. Resources assigned to other tasks on the critical path. D. Payback of s3.22 for each dollar expended.	Explain During execution, a resource is added to the project team. What effect will this have on the project? A. The effect cannot be determined. B. The project duration will be shortened. C. A scope change will be required D. The quality of the project will be increased.