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?© BrainMass Inc. brainmass.com October 10, 2019, 2:32 am ad1c9bdddf
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 ...
This solution discusses assigning monetary values to risks.