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You have been asked to find the total EMV for the top 4 risks in Project X. Risk 1: probability 40%, impact $40,000 loss Risk
You have been asked to find the total EMV for the top 4 risks in Project X. Risk 1: probability 40%, impact $40,000 loss Risk 2: 65%, $30,000 gain Risk 3: 35%, $20,000 loss Risk 4: 70%, $35,000 loss What is the EMV for these top 4 risks? Question 3 options: $67,000 gain $67,000 loss $4000 gain $21,000 gain $28,000 loss $14000 loss
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