Question: A 7-point semi quantitative risk analysis produced the following 20 risk values: 10; 42; 1; 36; 5; 2; 7; 28; 14; 2; 4; 2; 6;

A 7-point semi quantitative risk analysis produced the following 20 risk values: 10; 42; 1; 36; 5; 2; 7; 28; 14; 2; 4; 2; 6; 1; 3; 1; 5; 24; 1; and 2. Using the Pareto method, determine the critical risks for these risk values. 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 NoP-original estimateTotal loss original estimate (R)P-after controlTotal loss after control (R)Cost of control (R)
A0,8098000,4098002300
B0,7585000,7531003500
C0,5548000,20 48002400
D0,7093000,7045003400

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