A telecommunications company has just assigned you to be project manager for a product improvement project. The scope statement of the project simply says, "Make this product better." The engineering team believes that they know how to make the product better and have ignored ideas from the sales team. The project funds are secure, as the company believes that improving this product will give them strategic advantages.

Risk event	Probability of risk event (1=high; 3=medium; 5=low)	Impact of risk event (1=high; 3=medium; 5=low)