Question: please solve in 40 mins i will give you thumb up c) The following consideration of risk allowance was made for the Project Risks that

please solve in 40 mins i will give you thumb up

c) The following consideration of risk allowance was made for the Project Risks that remain in the design. Optimistic outcome Most likely outcome Pessimistic outcome Impact () 5,189,000.00 (saving) 18, 160,000.00 (extra) 7,303,000.00 (extra) Likelihood (%) 40 50 10 i) Provide an estimate for the risk budget. (4 marks) ii) If the cost plan allowance for the project is estimated to be 150 million, calculate the total project cost. (2 marks)

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