Question: Figure 1717 shows a probability impact matrix for a project involving military operations. Can this same figure be used in the pharmaceutical industry for the

Figure 17–17 shows a probability impact matrix for a project involving military operations. Can this same figure be used in the pharmaceutical industry for the development of new drugs where the word mission is replaced by the word health?

Data from Figure 17-17:

Likelihood Effect A. Loss of life/asset (Catastrophic event) B. Loss of mission C. Loss of capability with

Likelihood Effect A. Loss of life/asset (Catastrophic event) B. Loss of mission C. Loss of capability with some compromise of mission D. Loss of some capability with no effect on mission E. Minor or No Effect Unlikely Seldom Occasional Low Risk Moderate Risk FIGURE 17-17. Military operation probability impact matrix. High Risk Likely Frequent Extremely High Risk

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