Question: Assignment Submit the assignment in Word or Excel document to the appropriate Dropbox. Show calculations to earn full points. Correct answers submitted without calculations will

Assignment Submit the assignment in Word or Excel

Assignment Submit the assignment in Word or Excel document to the appropriate Dropbox. Show calculations to earn full points. Correct answers submitted without calculations will earn 1 pt. only. 1. Risk Likelihood (3 pts.) A product improvement project involves an existing product (M), with minor complexity (C), and is dependent for schedule on an existing system (D). (reference Risk Assessment Calculations document, Likelihood table). Consider that criteria M, C, D are weighted as follows: W1 = 0.5, W2 = 0.3, W3 = 0.2 Calculate the Composite Likelihood Factor (CLF). Use Table 11.3 (Page 364) to obtain the likelihood values for M, C and D

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