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DQ 10.1: . Review of Decision Trees: EVM is different from EMV In the PMBOK Guide (PMI, 2017)readings assigned this week, earned value management (EVM)

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DQ 10.1: . Review of Decision Trees: EVM is different from EMV In the PMBOK Guide (PMI, 2017)readings assigned this week, earned value management (EVM) is defined with a performance example - important since cost overruns risk projects worldwide. EMV, expected monetary value, is a very different measure! It is used to compute the outcome or result, after considering all applicable probabilities in the different branches of a decision tree. Review the examples in the "Content" this week and the article: https://pmstudycircle.com/2015/01/a-short-guide-to-expected-monetary-value-emv/ Essentially the EMV is used for understanding the impact of differing probabilities as if they are independent events. Discuss how a decision tree is "calculated" or even create one to discuss your Final Paper topic with your peers. You might want to use this in your Final Team Project topic, and discuss with the class to gain important feedback or

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