PMI Exam Questions

Which of the following statements are false about Expected Monetary Value Analysis (EMV).

Which of the following statements are false about Expected Monetary Value Analysis (EMV).

A.
EMV is a statistical concept that calculates the average outcome of project outcomes based on various assumptions and scenarios.

B.
Decision tree analysis is a type of EMV analysis.

C.
EMV is a tool/technique of Perform Qualitative Risk Analysis.

D.
EMV is calculated by multiplying the value of each possible outcome by its probability of occurrence, and summing them together.