hard · Project Management Professional adaptive
Bramble Civic is evaluating two projects. Project X has an Expected Monetary Value (EMV) of $50,000 with a 60% probability of success. Project Y has an EMV of $45,000 with an 80% probability of success.
If the organization is Risk Averse, which should they choose?
- Project X, but only if they can increase the probability to 80%
- Neither, as both have a high chance of failure
- Project Y
- Project X
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