Quantitative Risk Assessment. Assume the following information: Calculate the overall risk factor for this project. Would you
Question:
Quantitative Risk Assessment. Assume the following information:
Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?
Transcribed Image Text:
Probability of Failure Maturity = 3 Complexity = .3 Dependency 5 Consequences of Failure Cost = .1 Schedule = .7 Performance = .5
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To calculate a preliminary risk factor for this project by averaging the likelihood and consequence ...View the full answer
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Related Book For
Project Management Achieving Competitive Advantage
ISBN: 9781292269146
5th Global Edition
Authors: Jeffrey K.Pinto
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