Has the standard EVAS/FH! spike but unlike most other AP builds, packs a boatload of defense/heals (which is what the monk is best at anyway). Good for use with a hero team when you need that extra safety.
After using AP, EVAS and FH, you will be looking and waiting for your blue bar to rise before you can be of any real use to your party in the way of Aegis/SoL. Those PvE skills are a waste of energy.
EDIT: If calculating the severity of each mob is what you need to do for e-management, then so be it!
You've got instant recharge SoL and Aegis to keep your party up. With any decent hero setup you should have no problems pushing kills as needed. Energy is kinda tight though so you may need BR/BiP support.
Monks don't bring much to an AP spike bar but this is one of their two damage options that actually have use for their own skills.
Really though, if you're playing a monk you may as well leave damage to your mes & ele heroes cause they're just going to be better at it than you unless you pretend you're another profession.