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If a project has the following risk assessments, calculate the EMV: (i) 20% probability of schedule overrun. Impact of $30,000 (ii) 25% probability of cost
If a project has the following risk assessments, calculate the EMV: (i) 20% probability of schedule overrun. Impact of $30,000 (ii) 25% probability of cost overrun. Impact of $10,000 (iii) A new technology that could save $10,000 (iv) Defect rework costing $5,000 to fi
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