Expected Monetary Value (EMV) is calculated as:

A Impact only

B Probability × Impact for each risk scenario

C Cost only

D Schedule variance

✓ Correct Answer: Option B

EMV = P(occurrence) × Impact ($). Sum EMVs for decision tree analysis.

💡 Why is B) the correct answer?

The correct answer to the question "Expected Monetary Value (EMV) is calculated as:" is Option B: Probability × Impact for each risk scenario.

The other options — A) Impact only, C) Cost only, D) Schedule variance — are incorrect for this PMP Exam Prep question. As explained above: EMV = P(occurrence) × Impact ($). Sum EMVs for decision tree analysis.

📚 About This PMP Exam Prep Practice Question

This 2-level PMP Exam Prep question from the Process topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free PMP Exam Prep practice test or use flashcards for spaced repetition review.

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Expected Monetary Value (EMV) is calculated as:

✓ Correct Answer: Option B

📚 About This PMP Exam Prep Practice Question

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