Question: 11. You are constructing a probability and impact matrix for your project. Which of the following statements are true? (Choose two.) A. The probability and
11. You are constructing a probability and impact matrix for your project. Which of the following statements are true? (Choose two.)
A. The probability and impact matrix multiplies the risk's probability by the cost of the impact to determine an expected value of the risk event.
B. The probability and impact matrix uses sensitivity analysis to analyze the potential impact of risk events and to determine which event has the greatest potential for impact.
C. The probability and impact matrix prioritizes the combination of probability and impact scores using predetermined thresholds that are set by the organization, which helps determine which risks need response plans.
D. The probability and impact matrix multiplies the risk's probability by the risk impact—which both fall between 0.0 and 1.0—and uses a predetermined threshold to determine the overall score.
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