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GCW company uses a risk register to measure the likelihood, impact, and severity of risks arising from a major project. Likelihood and impact are measured
GCW company uses a risk register to measure the likelihood, impact, and severity of risks arising from a major project. Likelihood and impact are measured on a scale of 1-5 as follows: Scale: likelihood: Impact: 1 very unlikely Very low 2 quite unlikely Low 3 moderately likely Moderate 4 very likely High 5 certain Very high A new risk relating to the potential election of a new government has arisen and needs to be added to the risk register. The risk is considered 'very likely', and the impact is considered 'moderate'. What is the severity score of this risk? A.3 B.7 C.9 D.12
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