Question: A risk probability or consequence is often described as being, low, medium or high. The probability and impact of risks can be charted by a
A risk probability or consequence is often described as being, low, medium or high. The probability and impact of risks can be charted by a project manager on a probability/impact matrix or chart. Using a project that you are familiar with, record at least ten (10) risks on a probability/impact matrix. Thereafter, provide a reason for recording each risk in the quadrant that you have chosen.
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