you will be calculating the expected monetary value (EMV) for each risk using the information in the following chart:

Risk Register
Risk #	Activity #	Probability	Cost Impact	EMV
1	AA	25%	$8,000
2	BB	70%	$3,800
3	AA	15%	-$3,000
4	DD	60%	$25,000
5	DD	40%	-$18,500
6	AA	65%	-$6,000
7	BB	40%	$7,500
8	BB	35%	$30,000
9	CC	50%	$45,000
10	EE	45%	-$28,750

• How many of the risks identified are positive?
• The total sum of the EMV column represents the potential budget for the contingency reserve. Add up all of your EMV calculations. What is the sum?
• Which activity has the most risks identified?
• Some activities have both positive and negative risks identified. Add all risks for each activity. This calculates the net EMV per activity. Which activity has the highest dollar value for positive risks?
• Some activities have both positive and negative risks identified. Add all risks for each activity to calculate the net EMV per activity. Which activity has the lowest dollar value for negative risks?
• What is the net EMV for Activity DD?
• There are three risks associated with Activity BB. Combine all three risks to determine the net EMV, and interpret the meaning behind the calculation. Is the overall risk value as calculated here positive or negative?
• Take a look at Activity EE. Calculate the net EMV, and interpret the meaning behind the calculation. Is the overall risk value positive or negative?
• Which risk has the highest EMV? (Note: This is should be based on the numerical value and could be positive or negative.)
• Which risk has the lowest positive EMV?