Question: A project manager is doing risk analysis with the project team members. They are concerned about evaluating the risks in such a way that the
A project manager is doing risk analysis with the project team members.
They are concerned about evaluating the risks in such a way that the risks will be ranked according to their severity in relation to the project.
What method should be used to rank the risks in the order of importance?
a. Determine the expected value
b. Determine the cost of the impact
c. Determine the probability
d. Use subjective analysis
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