1. a) prepare the risk impact matrix and identify high priority risk factors.

b) determine the expected value of cost overrun for the risk factors presented in the risk register.

Part I (25 points) You are a project manager for a road construction project. The result of the "risk identification" process is presented to you in the form of the risk register below. Using the information provided in the risk register 1. a. Prepare the risk impact matrix and identify high priority risk factors (10 points); 2. Determine the expected value of cos overrun for the risk factors presented in the risk register (10 points) a. Likelihood Risk Factor Unexpected geotechnical or groundwater issues Medium Unforeseen railroad involvement Complex hydraulic features Seasonal requirements during utility relocation High Unidentified utilities Insufficient or limited construction or stagingLow Cost Impact High High Medium Medium Medium Low Low High Low areas Dewatering is required due to change in water Medium table Medium Likelihood Scale: Low: 10% Medium: 30% High: 50% Cost Impact Scale: Low: $10,000 Medium: $65,000 High: $150,000