Moving to another question will save this response. Question 22 of 30 Save and tion 22 4 points ICH 11) A newly appointed project manager identifies that the XYZ project has many risks with high-risk Impact scores, but has a verall low risk score. Is that possible? a. Yes, the risk scores are graded on a bell curve. b. Yes, the risks are rated High, Medium, and Low c. Yes, the impact of each risk is not accounted for until it comes to fruition d. Yes, the probability of each risk is low stion 21 (CH 11) Which of the following statements is true about Risks? a. All the given answers b. Risk Identification is the process of identifying which risks might affect the project C. Risk Response Planning is the process of developing options and actions to enhance opportunities and to reduce threats to project objectives d. A risk or threat can be transferred to a third party (CH 11) If a business venture has a 60 percent chance to earn AED 2 million and a 20 percent change to lose AED 1.5 million, what is the expected monetary value of the venture in AED? a. - 50,000 b. 300,000 C. 500,000 d. 900,000 24 25 26 27 28 29 18 30 21 22 22 (CH 11) Consider the figure below and assume that the risk has a 75 percent probability of occurrence. If the risk does occur, it could have a positive or a negative impact equivalent to AED 200,000 or AED 50,000, respectively, with the given probabilities. What Is the EMV for the risk In AED? Porable Impacts Probability"40% Opportunity worth $200,000 Risk Probability-60% Threat of losing $50,000 a. 37,500 b.55,000 c. 110,000 d. 50,000