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assigning monetary values to risks

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Is it always possible to assign monetary values for all items in the risk categories enumerated in say a risk register?

Also, if assigning monetary values to risks, which quantitative methods would you recommend?

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This solution discusses assigning monetary values to risks.

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One of the formulas to assign monetary value to projected risks is via the following formula =

First, we need to find expected value of risk which can be arrived at via- Probability * Impact= Expected value

This expected value can either be added to the ...

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Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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