Question: Calculate the 5 possible Expected Monetary Values using the aggregation of the risk driven occurrences methodology and summarise what does this average impact value means
Calculate the 5 possible Expected Monetary Values using the aggregation of the risk driven occurrences methodology and summarise what does this average impact value means for the organisation.
| Probability | Impact $ | Probability impact |
| 10% | 2000000 | 500000 |
| 30% | 600000 | 100000 |
| 70% | 900000 | 250000 |
| 90% | 1000000 | 700000 |
| 5% | 340000 | 75000 |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
