The correct answer is a risk-adjusted backlog. A risk-adjusted backlog doesn’t give a precise dollar amount for the list of work to be done, nor the risks or threats involved in the development. What the exercise does do is facilitate
communication between the business and agile teams regarding how to sequence work items. The other responses are incorrect. EVM (expected monetary value) is defined as the probability of a risk multiplied by the impact of the risk
event; risk probability is the odds of a risk occurring; risk impact represents the risk’s effect on the project objectives.