Bank (A) has a project to improve the performance of Automated Teller Machines (ATMs). This project contains different options - as described in the following Decision tree- and you were asked as a Risk Analyst to use the information in the Decision tree to provide advice to the board of directors to enable them to take a decision regarding the most appropriate option, please show your Risk analysis in details and your recommendations to the Board? Stay with old ATMS Initial Cost: JD 1,000,000 THE PROBABILITY OF LOSING YOUR COMPETATIVE ADVANTAGE AND ABILITY TO GROW = 100% With COST/MPACT=JD 3,000,000 OPTIONS 1- Do nothing and stay with old ATMs. 2- Develop new applications by IT people inside the bank to improve ATM functionality. 3- Replace old ATMs with New ATMs based on new technology, Develop new applications by IT people inside the bank. Initial Cost: JD 1,500,000 THE PROBABILITY OF SUCCESSFUL DEPLOYMENT = 50% WITH COST/IMPACT-JD ZERO Buy new ATMs based on new software Initial Cost: JD 2,750,000 UNSUCCESSFUL DEPLOYMENT With COST/IMPACT=JD 3,000,000 THE PROBABILITY OF SUCCESSFUL DEPLOYMENT 93% With COST/IMPACT=JD ZERO UNSUCCESSFUL DEPLOYMENT With COST/IMPACT=JD 3,000,000