If a risk event has an 80% chance of happening, and the consequences will be US $ 10,000. What does the US $ 8000 mean?
A-) Contingency Budget
B-) Risk value
C-) Present Value
D-) Expected Monetary value
Answer:D
If a risk event has an 80% chance of happening, and the consequences will be US $ 10,000. What does the US $ 8000 mean?
A-) Contingency Budget B-) Risk value C-) Present Value D-) Expected Monetary value