Question: Engineer A studied the associated risk and benefits with a project Engineer A found project risk equivalent to 35%. He rejected the project claiming that

Engineer A studied the associated risk and benefits with a project

Engineer A studied the associated risk and benefits with a project Engineer A found project risk equivalent to 35%. He rejected the project claiming that the effect of risk might reach 70%. Which of the following is NOT true about this situation? 1. Project risk is overestimated 11. Project safety is equivalent to 6596 III. Project safety is 3096 IV. Risk-benefit analysis is most likely used in this situation V. Engineer A was not consistent or accurate in estimating risk

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