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The risk of a delay in approvals occurring on a project is estimated to have a medium chance of occurrence, and a high impact. What

The risk of a delay in approvals occurring on a project is estimated to have a "medium" chance of occurrence, and a "high" impact. What is the expected average delay (in days) of this risk on the project? Equivalent Value Scale Probability Time Impact Very High > 70% > 300 days High 51-70% 91 - 300 days Medium 31-50% 30 - 90 days Low 11-30% 8 - 29 days Very Low 1-10% 7 days Nil <1% No Change

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