Question: What is the risk expected value if the project quantitative risk analysis identified two risks with the following probabilities and impacts? Risk A with
What is the risk expected value if the project quantitative risk analysis identified two risks with the following probabilities and impacts?
• Risk A with a 10 percent probability of a 5,000 increase in materials costs
• Risk B with a 10 percent probability of a decrease of 2,000 in travel expenses A. 700 B. 7,000 C. 300 D. 500
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