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Complete the risk reserve analysis using the risk register provided. Fill in the ALL the blank fields, including totals. Calculate the EMV Reserve Amounts for
Complete the risk reserve analysis using the risk register provided. Fill in the ALL the blank fields, including totals. Calculate the EMV Reserve Amounts for each risk to show you know how to do the calculations. Show actual costs based on the risk status, including $0 when appropriate.
Risk IDCost ImpactProbabilityEMV Reserve AmountStatusActual Costs so far1($2,000)15%$Avoided and closed$2($1,500)55%$Open no change$3$1,00090%$Open no change$4($7,200)60%$Closed, actual cost $5,000$5($5,200)30%$Open Probability increased to 50%$TOTALS$ $0$
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