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# Expected Monetary Value Calculator

The EMV is a risk management technique used to find and compare risk in the project. The expected monetary value calculator is used to find the risk of the ongoing project. The measurement of the consequence when the failure occurs is called as the impact of occurrence. The probability of occurrence is the estimation of how often the failures occur. Enter the impact and probability of occurrence in the EMV calculator to calculate the expected monetary value.

## EMV Calculator

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The EMV is a risk management technique used to find and compare risk in the project. The expected monetary value calculator is used to find the risk of the ongoing project. The measurement of the consequence when the failure occurs is called as the impact of occurrence. The probability of occurrence is the estimation of how often the failures occur. Enter the impact and probability of occurrence in the EMV calculator to calculate the expected monetary value.

#### Formula:

Expected Monetary Value = Impact of Occurrence x (Probability of Occurrence / 100)

### Example:

Find expected monetary value, where the impact of occurrence is 10 and the probability of the occurrence of the risk is 4%?

#### Solution:

EMV = 10 x (4 / 100)
= 0.4