Ask Question, Ask an Expert


Ask Project Management Expert

The potential costs for a project range between $100 million and $50 million. A project manager is indifferent between (a) the lottery ($100 mio with p=0.4 and $50 mio with p=0.6) and (b) a guaranteed project costs of $75 mio. What is the utility for a project costs of $75 mio and what is the project manager’s risk attitude (risk neutral, risk averse, or risk prone)?    

a) Risk averse, u=0.6

b) none of the others

c) Risk prone, u=0.4

d) Risk neutral, u=0.5

e) Risk prone, u=0.6

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M9608

Have any Question? 

Related Questions in Project Management

Change management communication and leadershipduring this

Change Management Communication and Leadership During this course, you have developed many of the artifacts utilized by project managers. You have learned that, contrary to common misconceptions, project managers are inv ...

Questionthis final research paper must demonstrate an

Question: This final research paper must demonstrate an understanding of new learning in logistics management and how the supply chain supports the organization's business strategy. The paper must be eight- to- ten pages ...

Read the given article and provide a technical discussion

Read the given article and provide a technical discussion and critique of the ideas that are presented. You may use the following questions as prompts, but you are expected to explore the issues and concepts more fully. ...

1 write short notes ona role of project sponsorsb

1. Write short notes on: a. Role of project sponsors b. Importance of project budget c. Debt financing d. Financial feasibility of a project 2. Describe the Engineering, Procurement Construction (EPC) contract. 3. Explai ...

Part ayou are wishing to breed sheep for increased fleece

Part A: You are wishing to breed sheep for increased fleece weight. Fleece weight is measured annually, beginning at 12 months of age. Heritability for fleece weight is 31%, repeatability is 50% and genetic standard devi ...

Questionthe foreign corrupt practices act prohibits bribery

Question: The Foreign Corrupt Practices Act prohibits bribery in international business. Do you think that US companies are at a disadvantage as a result of the Foreign Corrupt Practices Act? Take a position and defend y ...

Questionsome of the key issues in supply chain management

Question: Some of the key issues in supply chain management are obstacles to process integration along the supply chain. Using Table 13.2 in Chapter 13, identify one obstacle that you have encountered in your experience, ...

Task - weightingyour team should consider a newactual

TASK - WEIGHTING Your team should consider a new(actual/ hypothetical) project. You have to develop a project management plan for the project selected by your group. Your project management plan report shall cover manage ...

Project deliverable project planthis assignment consists of

Project Deliverable: Project Plan This assignment consists of three sections: a written project plan, revised business requirements document, project plan PowerPoint presentation, and a finalized project plan. You must s ...

During this discussion talk about and examine the processes

During this discussion, talk about and examine the process(es) of collecting information security measures, how often do they need to be collected, what are the downsides of collecting and reporting the measures too freq ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate