3. A risk analysis chart for a supplemental solar project is shown. 35 points Risk event Likelihood Impact Detection difficulty RPNA Going over 75% ? budget Falling behind 92% 3 on schedule 4 3 4 2 60% 5 2 ? System Malfunction 30% ? Poor energy estimates Use the table below to determine the score for Likelihood column. Probability range 91% thru 99% 61% thru 90% 41% thru 60% 11% thru 40% 1% thru 10% Natural language expression Probability value 'very likely to occur 95% probably will occur 76% 'may occur 51% 'unlikely to occur 26% 'very unlikely to occur 5% Score 5 4 3 2 1 a. Calculate the Risk Priority Number (RPN#) also known as risk value and enter in the Table do not enter anywhere else!!! b. What event needs to be addressed first, to reduce overall project risk? c. What are the FOUR response classifications available? (One is Mitigate) 1 Mitigate II III IV