CAPM Predictive Plan-Based Methodologies Practice Question
A project manager identifies a risk that could cause a 10-day delay. The probability of occurrence is 30%. What is the expected monetary value (EMV) of this risk?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
3 days
EMV is calculated as Probability × Impact. Here, 0.3 × 10 days = 3 days. EMV is used to quantify risk in monetary terms, but in this case impact is in days.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
3 days
Why this is correct
EMV = 0.3 × 10 = 3 days.
- ✗
10 days
Why it's wrong here
This is the impact, not the EMV.
- ✗
0.3 days
Why it's wrong here
This is just the probability, not multiplied by impact.
- ✗
30 days
Why it's wrong here
This is the probability multiplied incorrectly.
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JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
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