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1. Problem 7.14 - 25pts Quantitative Risk Assessment. Assume the following information: Probability of Failure Consequences of Failure Maturity = .3 Cost = .1 Complexity
1. Problem 7.14 - 25pts Quantitative Risk Assessment. Assume the following information: Probability of Failure Consequences of Failure Maturity = .3 Cost = .1 Complexity = .3 Schedule = .7 Dependency = .5 Performance = .5 Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why? Show all work. 2. Problem 7.15 Quantitative Risk Assessment. Assume the following information for an IT project: Probability of Failure Consequences of Failure Maturity = .7 Cost = .9 Complexity = .7 Schedule = .7 Dependency = .5 Performance = .3 Client Concerns = .5 Future Business = .5 Programmer Skill = .3
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