$1.(5$ points$)$ Quantitative Risk Assessment. Assume the following information for an IT project.

Probability of Failure Consequences of Failure

Maturity $=\mathrm{.}7$ Cost $=\mathrm{.}9$

Complexity $=\mathrm{.}7$ Schedule $=\mathrm{.}7$

Dependency $=\mathrm{.}5$ Performance $=\mathrm{.}3$

Client Concerns $=\mathrm{.}5$ Future Business $=\mathrm{.}5$

Programmer Skill $=\mathrm{.}3$

Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?