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 No | P-original estimate | Total loss original estimate (R) | P-after control | Total loss after control (R) | Cost of control (R) |
| A | 0,80 | 9800 | 0,40 | 9800 | 2300 |
| B | 0,75 | 8500 | 0,75 | 3100 | 3500 |
| C | 0,55 | 4800 | 0,20 | 4800 | 2400 |
| D | 0,70 | 9300 | 0,70 | 4500 | 3400 |
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