What is the next step if the EMV ( Expected Monetary Value) = 0?

Question

Krishna KHASANIS PMP · Answer

EMV is one of the tool used for Quantitative Risk Analysis ; when EMV is zero means there is no risk; either you can stop quantitative risk analysis or proceed with further analysis using Monte Carlo technique to analyze overall risk in the project.

Thanks for the invitation.

Muhammad Farooq · Answer

Agreed with Mr. Javad reply ----------------

Javad Taghavi · Answer

EMV has widrange applications, one its application is in quantitative impacts of risks in projects.

I tnis case EMV= impact * probability. So if EMV=0 then impact=0 or probabily=0

Thus, the considered event may be a risk, but not for over project, then we we up date our documents like risk register.

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

Thanks for the invitation. I agree with the given answers.

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What is the next step if the EMV ( Expected Monetary Value) = 0?

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