Question: Create a risk matrix for the following project and interpret it. (5) Event 1 2 3 4 5 6 7 Probability .25 .35 .20 .80

Create a risk matrix for the following project

Create a risk matrix for the following project and interpret it. (5) Event 1 2 3 4 5 6 7 Probability .25 .35 .20 .80 .10 .40 .60 Cost (5000) 15 25 55 10 77 55 50 Assume you are appointed as a project manager for an industrial project. Discuss the Project Management Triangle with relevant examples in this setting

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