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Considering the information on the following table, answer the following questions: (5 marks) Risk Probability Impact on costs Impact on Schedule A 18% 4,000 9
Considering the information on the following table, answer the following questions:
(5 marks)
Risk | Probability | Impact on costs | Impact on Schedule |
A | 18% | 4,000 | 9 weeks |
B | 30% | 2,700 | 6 weeks |
Which risk is more critical if costs are a priority for the organization?
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