PMP RITA

Yale University

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PMP-RMC EMV Questions and answers.
  • PMP-RMC EMV Questions and answers.

  • Exam (elaborations) • 8 pages • 2023
  • (1) Question ID: 1026 If a project has a 60 percent chance of a US $100,000 profit and a 40 percent chance of a US $100,000 loss, the expected monetary value (EMV) for the project is: A. $20,000 profit B. $60,000 loss C. $40,000 loss D. $100,000 profit The correct answer is A. Expected monetary value is calculated by EMV = probability × impact. We need to calculate both positive and negative values and then add them. 0.6 × $100,000 = $60,000 0.4 × ($100,000) = ($40,000) Expected...
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