Refer to the risk factors shown in Table 7.1. Assume your project team has decided upon the
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Refer to the risk factors shown in Table 7.1. Assume your project team has decided upon the following risk values:
You wish to determine the overall project risk using a quantitative method. Following the formulas shown in Table 7.2, we can calculate both the probability of project risk score and the consequences of project risk score, as follows:
Conclusion: Medium risk to overall project.
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Related Book For
Project Management Achieving Competitive Advantage
ISBN: 9780134730714
5th Edition
Authors: Jeffrey K. Pinto
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