Harry works as a project manager for the NHQ Project. He is performing quantitative risk analysis for his project. One of the project risks has a 40 percent probability of happening, and it will cost the project $65,000 if the risk happens. What is the expected monetary value of this risk event?

**Question:**

### What is the expected monetary value of this risk event?

**Options:**

Negative $26,000

Negative $67,000

Zero ÃƒÂ¢Ã¢â€šÂ¬Ã¢â‚¬Å“ the risk event has not yet occurred

$27,000

### Correct Answer

The Correct Answer for this Question is

**Negative $26,000**