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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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    Solution Preview

    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 ...

    Solution Summary

    This solution discusses assigning monetary values to risks.