PMI
PMI-RMP · Question #198
Harry works as a project manager for the NHQ Project. He is performing quantitative risk analysis for his project. One of the project risks has a 40 percent probability of happening, and it will cost
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Perform Targeted Risk Analysis
Question
Harry works as a project manager for the NHQ Project. He is performing quantitative risk analysis for his project. One of the project risks has a 40 percent probability of happening, and it will cost the project $65,000 if the risk happens. What is the expected monetary value of this risk event?
Options
- ANegative $26,000
- BNegative $67,000
- CZero - the risk event has not yet occurred
- D$27,000
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Topics
#Expected Monetary Value (EMV)#Quantitative Risk Analysis#Risk Impact#Risk Probability