You work as a project manager for BlueWell Inc. You are performing the quantitative risk analysis for your project. One of the project risks has a 50 percent probability of happening, and it will cost the project $55,000 if the risk happens. What will be the expected monetary value of this risk event?
What will be the expected monetary value of this risk event?
Zero ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å“ the risk event has not yet occurred
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