Risk Formulas Flashcards
1
Q
Expected Monetary Value (EMV)
A
The probability of the outcome is multiplied by the impact, and then the products of the outcome are summed for a total EMV of the for a total EMV of the
FORMULA => SUM(PxI)
6 - PMP Terminology > Risk Formulas > Flashcards
Expected Monetary Value (EMV)
The probability of the outcome is multiplied by the impact, and then the products of the outcome are summed for a total EMV of the for a total EMV of the
FORMULA => SUM(PxI)
6 - PMP Terminology (19 decks)