Expected Monetary Value (Correct it)

Expected Monetary Value (Correct it)

4th Grade

5 Qs

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Expected Monetary Value (Correct it)

Expected Monetary Value (Correct it)

Assessment

Quiz

Professional Development

4th Grade

Practice Problem

Medium

Created by

Afghanistan Center

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a construction project in Herat, there are multiple risks of delays due to weather conditions and supply chain disruptions. The probability of adverse weather is 30% with a potential impact of $50,000, and the probability of supply chain issues is 20% with a potential impact of $70,000. What is the combined expected monetary value (EMV) of these risks?

$16,000

$24,000

$26,000

$35,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a project to upgrade IT infrastructure in Kabul, there is a positive risk of receiving a government grant with a 40% probability, and the grant amount is $80,000. There is also a negative risk of a cyber-attack with a 10% probability and a potential impact of $100,000. What is the net expected monetary value (EMV) for these risks?

$12,000

$22,000

$24,000

$28,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a project to build new agricultural facilities in Balkh, the project manager has identified four risks with the following EMVs: Risk 1: $10,000 with 50% probability, Risk 2: $15,000 with 40% probability, Risk 3: $5,000 with 60% probability, and Risk 4: $20,000 with 30% probability. What is the total contingency reserve for these risks?

$20,000

$25,000

$22,500

$24,500

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During a health project in Kandahar, there are three identified risks. The first risk has a 25% probability of occurring with a $40,000 impact, the second risk has a 15% probability of occurring with a $30,000 impact, and the third risk has a 10% probability of occurring with a $50,000 impact. What is the combined EMV for these risks?

$10,000

$12,500

$16,500

$17,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a project to improve transportation infrastructure in Kunar, there are two positive risks and two negative risks with the following details: Positive Risk 1: 50% probability and $60,000 impact, Positive Risk 2: 30% probability and $40,000 impact, Negative Risk 1: 20% probability and $50,000 impact, Negative Risk 2: 10% probability and $30,000 impact. What is the overall EMV for the project?

$30,000

$22,000

$27,000

$25,000

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