Question: After reading and understanding the ABCUPS case study presented in the lecture, answer the following questions: Identify the risk categories and subcategories and classify them
After reading and understanding the ABCUPS case study presented in the lecture, answer the following questions:
- Identify the risk categories and subcategories and classify them into an RBS as per Lesson 5 in Plan Risk Management topic. Consider only two levels.
- Define probability and impact scales as per Lesson 6 in Plan Risk Management. Consider only three levels (i.e. High, Medium, Low).
- Create a 3x3 risk index priority matrix or probability & impact matrix as per Lesson 6 in Plan Risk Management topic. Consider both threats and opportunities. You can either adopt the roman numbering or the numerical scoring scheme.
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