Also EMVExpected Monetary Value More. The productAn artefact that is produced, is quantifiable, and can be ei... More of an event’s probabilityThe likelihood of a risk occurring. More of occurrence and the (financial) gain or loss that will resultAn output from performing project management processes and a... More. Hence if there is a 50% probabilityThe likelihood of a risk occurring. More of rain and the rain will resultAn output from performing project management processes and a... More in a €1000 increase in cost, the EMVExpected Monetary Value More will be €500.
