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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.

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D. Utility theory.
Submitted by: Administrator

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Top PMI Certification Questions

☺	Explain Although they have a variety of side-effects, the primary objective of incentive clauses in a contract is to: A. Aligning contractor and buyer goals. B. Reduce risk for the contractor C. Controlling contractor costs D. Reduce costs to the buyer E. Reducing production costs.

☺	Explain Technical staffs tend to be particularly responsive to: A. Referent power. B. Formal power. C. Functional power. D. Expert power. E. Ad hoc power

☺	Explain The authority to accept or reject a requested change in a large and complex project, should rest with _____? A. The sponsor. B. The president. C. The change control board. D. The client. E. The project manager.

☺	Explain Which of the following is NOT a function of a kick-off meeting? A. Project cost estimation and presentation. B. Introducing the stakeholders. C. Identifying goals of the project. D. Obtaining commitment from all participants.

☺	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.

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