Question: A 5 - point risk analysis produced the following 2 0 risk values: 1 5 ; 2 5 ; 1 ; 2 0 ; 5

5 -

point risk analysis produced the following

20

risk values:

15

;

25

;

1

;

20

;

5

;

2

;

9

;

16

;

12

;

2

;

4

;

2

;

6

;

1

;

3

;

1

;

5

;

10

;

1

;

3 .

Using the Pareto method, determine the critical risks for this risk data.

Show the calculations.

(6)

8 .

Determine the risk leverage factor for the following

4

cases and indicate if the control will be

financially viable.

(4)

Risk

-

original

estimate

Total loss original

estimate

(

)

-

after

control

Total loss after

control

(

)

Cost of

control

(

)

0, 7 8000 0, 35 8000 2400

0, 6 7700 0, 6 3300 4300

0, 6 4600 0, 25 4600 2400

0, 8 7300 0, 8 3200 310

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