What is Expected Monetary Value? (EMV) скачать в хорошем качестве

What is Expected Monetary Value? (EMV)

In this video, I answer the question, what is Expected Monetary Value, EMV? And we look at its use in risk management and decision theory. 🎓 Learn Project Management with Mike: The Project Manager's Skills Mastery Program - https://school.onlinepmcourses.com/p/... Basic EMV EMV = Likelihood x Cost Impact Complex EMV EMV = P1 x C1 + P2 x C2 + P3 x C3 … EMV = ∑[Pi x Ci] Recommended Videos Carefully curated video recommendations for you: 🎬 Project Risk Management Briefing [Video Compilation]    • Project Risk Management Domain Briefi...   🎬 RISK MANAGEMENT 101: An Introduction to Project Risk Management    • RISK MANAGEMENT 101: An Introduction ...   🎬 How to Create a Risk Management Plan    • How to Create a Risk Management Plan   🎬 What to Put in Your Risk Register (Risk Log)    • What to Put in Your Risk Register (Ri...   🎬 Project Risk Management - How to Manage Project Risk    • Project Risk Management - How to Mana...   🎬 What is a Residual Risk & What is Secondary Risk?    • What is a Residual Risk & What is Sec...   🎬 Risk Identification: How to Identify Project Risks    • Risk Identification: How to Identify ...   🎒 A while back, I asked Project Managers in a couple of forums what material things you need to have, to do your job as a Project Manager. They responded magnificently. I compiled their answers into a Kit list. https://kit.co/MikeClayton/what-a-pro... Note that the links are affiliated. 🎬 For more great Project Management videos, please subscribe to this channel:    / @onlinepmcourses   🎁 For all our great Project Management articles and resources, please check out the OnlinePMCourses website: https://onlinepmcourses.com/ 🏛 For basic Management Courses - free training hosted on YouTube, with 2 new management lessons a week, check out our sister channel, Management Courses:    / managementcourses   🎓 For more of our Project Management videos in themed collections, join our Free Academy of Project Management: https://onlinepmcourses.com/free-acad... ⏱ Chapter Markers... 00:00 - What is Expected Monetary Value (EMV)? 00:13 - Risk and Risk Measurement 01:25 - Expected Value of a Risk 01:44 - Expected Monetary Value - Simple 02:09 - Expected Monetary Value - Complex 03:38 - EMV for Decision Analysis 04:31 - Summary of Expected Monetary Value #RiskManagement #ProjectManagement #ExpectedMonetaryValue