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CAPM - Risk Identification and Assessment - Risk Categorization
Intermediate
1/5
In a project with a total budget of $500,000 spread over 10 months, what is the Planned Value (PV) at the end of the 7th month, assuming a uniform distribution of the budget?
a.
$375,000, considering a 5% contingency reserve
b.
$350,000
c.
$400,000, accounting for potential cost overruns
d.
$300,000, as the project might have slower spending in early months
Intermediate