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Is  Expected Monetary Value (EVM) Enough when Evaluating the Impact of Risk?

Is  Expected Monetary Value (EVM) Enough when Evaluating the Impact of Risk?

by Peter J Blok, PhD,  CSCP, CLTD, LSSMBB, PMP     I’ve been discussing supply chain risk with my CSCP classes and with a few clients so it got me thinking. Conventional wisdom focuses on evaluating the severity of risk based upon Probability of Occurrence and...