Do you agree with the following statement: "With proper planning, we are able to

eliminate all risks form a project."? Why or why not?

What are the benefit and drawbacks of using a quantitative risk impact matrix for

classifying a business project?

The following risk impact matrix shown for a quadruple scenario for a project for a

telecommunication company to construct a new $5G$ cellular tower $($or cell tower$)$

nearby a residential area, instead of a much expensive satellites solution. The possibl

risk factors include $(1)$ health hazard as a result of increase radiation $($fatal but rarely

$(2)$ tower collapse $($fatal but rarely$),(3)$ not functioning due to bad weather $($big$,$

likely$).$ Conduct a risk management plan based on the example I or example II given

in the lecture slides. You may give your own hypothetical information to argue your

cases.

The Quadruple Scenario