Question: The risk rating: A. * Is calculated by multiplying the probability of the occurrence of a risk times its impact (numerical scale) on an objective

The risk rating:

A. * Is calculated by multiplying the probability of the occurrence of a risk times its impact (numerical scale) on an objective (e.g., cost, time, scope, or quality) if it were to occur.

B. Is the sum of squares of the scale values assigned to the estimates of probability and impact.

C. Cannot be used to determine whether a risk is considered low, moderate, or high.

D. Is a commonly used technique for risk avoidance.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Project Managers Questions!