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What is expected monetary value (EMV) analysis?

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Question added by Deleted user
Date Posted: 2014/12/03
Ibrahim Eissa Eissa
by Ibrahim Eissa Eissa , WORK FROM HOME | Transcription Project for Arabic Speakers in Egypt , NANSC, National Air Navigation Services Company

It is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen.

 EMV for a project is calculated by multiplying the value of each possible outcome by its probability of occurrence and adding the products togethe

Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

Expected Monetary Value (EMV) is the product of an event's probability of occurrence and the loss or gain that will result

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