The correct answer is R03 because it has the highest Expected Monetary Value (EMV). EMV is calculated by multiplying a risk’s probability by its impact, and the exam’s underlying data shows that R03 yields the greatest product of these two factors. This calculation is central to quantitative risk analysis in the CompTIA Project+ PK0-005 exam, where you must prioritize risks by their numerical value rather than just their qualitative rating. A common trap is confusing high probability with high EMV—a risk with 90% probability but low impact can have a lower EMV than a moderate-probability, high-impact risk. To avoid this, remember the memory tip: “Multiply, don’t just rank”—always compute Probability × Impact to find the true financial priority.
PK0-005 Project Management Concepts Practice Question
This PK0-005 practice question tests your understanding of project management concepts. Read the scenario carefully and evaluate each option against the stated constraints before committing to an answer. After answering, compare your reasoning against the explanation and wrong-answer breakdown below. Once you have made your selection, read the full explanation to reinforce the concept and understand why each distractor is designed to mislead on exam day.
Exhibit
Refer to the exhibit.
Risk Register Extract:
Risk ID: R01, Description: Supplier delay, Probability: 0.4, Impact: $50,000, Response: Mitigate by ordering early.
Risk ID: R02, Description: Resource turnover, Probability: 0.2, Impact: $100,000, Response: Accept.
Risk ID: R03, Description: Requirement change, Probability: 0.3, Impact: $80,000, Response: Transfer via contract.
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
R03
The risk with the highest Expected Monetary Value (EMV) is R03 because EMV is calculated as Probability × Impact. Without specific values provided in the question, the correct answer is determined by the exam's underlying data, which shows R03 has the highest product of probability and impact. This aligns with the PMI risk management framework where EMV prioritizes risks for quantitative analysis.
Key principle: Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
✗
R01
Why it's wrong here
R01 EMV is $20,000.
✓
R03
Why this is correct
Correct. EMV is $24,000, highest.
Related concept
Read the scenario before looking for a memorised answer.
✗
R02
Why it's wrong here
R02 EMV is $20,000.
✗
R01 and R02 tie
Why it's wrong here
They tie but R03 is higher.
Common exam traps
Common exam trap: answer the scenario, not the keyword
The trap here is that candidates may confuse EMV with qualitative risk scoring (e.g., high/medium/low) or assume the highest probability or highest impact alone determines priority, rather than their product.
Detailed technical explanation
How to think about this question
EMV is a quantitative risk analysis technique defined in the PMBOK Guide, calculated by multiplying the probability of occurrence (as a decimal) by the monetary impact of the risk event. This value helps project managers compare risks on a common scale and prioritize response strategies. In practice, EMV is used in decision tree analysis to evaluate alternative project paths, such as make-or-buy decisions or contingency reserve calculations.
KKey Concepts to Remember
Read the scenario before looking for a memorised answer.
Find the constraint that changes the correct option.
Eliminate answers that are true in general but not in this case.
TExam Day Tips
→Watch for words such as best, first, most likely and least administrative effort.
→Review why wrong options are wrong, not only why the correct option is correct.
Key takeaway
Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option.
Real-world example
How this comes up in practice
A practitioner preparing for the PK0-005 exam encounters this exact type of scenario on the job. The correct answer here is not the most general option — it is the best answer for the specific constraint described. Answer the scenario, not the keyword: identify the specific constraint before choosing the most familiar-sounding option. Real exam questions reward reading the full scenario before eliminating options, because the constraint defines which answer fits.
What to study next
Got this wrong? Here's your next step.
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
Project Management Concepts — This question tests Project Management Concepts — Read the scenario before looking for a memorised answer..
What is the correct answer to this question?
The correct answer is: R03 — The risk with the highest Expected Monetary Value (EMV) is R03 because EMV is calculated as Probability × Impact. Without specific values provided in the question, the correct answer is determined by the exam's underlying data, which shows R03 has the highest product of probability and impact. This aligns with the PMI risk management framework where EMV prioritizes risks for quantitative analysis.
What should I do if I get this PK0-005 question wrong?
Identify which exam domain this question belongs to, review the core concept, then practise similar questions from the same domain.
What is the key concept behind this question?
Read the scenario before looking for a memorised answer.
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Question Discussion
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