Risk Exposure Calculator
Calculate EMV from probability and impact for project risks.
Inputs
%
$
%
$
%
$
$
Results
Total EMV (Risk Exposure)
$40,000
Risk 1 EMV$15,000
Risk 2 EMV$15,000
Risk 3 EMV$10,000
Contingency % of Budget8%
Recommended Contingency$48,000
Average Risk Score3.3
How to Use This Calculator
- Enter each identified risk event and its probability of occurrence (0–100%).
- Input the potential impact in dollars or schedule days if the risk occurs.
- Review the risk exposure (probability × impact) for each risk.
- Sort risks by exposure to prioritize mitigation efforts.
- Allocate contingency reserve equal to the sum of exposures for top-tier risks.
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