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RISK Management Assessment Question

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brijrajpandey
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Joined: Sat May 20, 2017 7:32 am

RISK Management Assessment Question

Postby brijrajpandey Sat Jan 27, 2018 6:29 am

Risk Mgt Q2.jpg
Risk Mgt Q2.jpg (96.15 KiB) Viewed 104 times



Why Option 4 is incorrect please justify.
ajaynit
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Joined: Thu Dec 07, 2017 5:35 pm

Re: RISK Management Assessment Question

Postby ajaynit Sat Jan 27, 2018 7:28 am

lets says risk is "ABC"

impact: 1 (low)
probability: 2 (medium)

risk score: 1*2=2

question is telling that there is dispute about this above calculation itself ,means either impact (1) or probability (2) in above question is not properly rated.


probability and impact matrix is true and should be presented only when everyone is agreeing about impact and probability assessment/rating...

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