Question: : Update your risk register with the new information. Develop a decision tree with two alternatives: ( 1 ) accept the risk and continue construction,
: Update your risk register with the new information. Develop a decision tree with two alternatives: accept the risk and continue construction, or accelerate construction to avoid the risk. You have two states of nature, the storm causes damage probability, and the storm does not cause damage. Use expected monetary value analysis for these two decisions and select the preferred alternative
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