Question: probability and impact matrix and properly shade the boxes showing severity of risks for each of risk event in the example. Hint: green (low); yellow
- probability and impact matrix and properly shade the boxes showing severity of risks for each of risk event in the example. Hint: green (low); yellow (moderate); red (high). (6 points)
- Provide a suitable risk response for each of the above risk events, and justify your response. (9 points)
- You must use probability and impact matrix format (3 Points)
- Your submission should be between 150 and 300 (2 points).
- Your submitted document must be free of grammar and spelling errors. (3 points)
- You must add all references to your work at the end of the document. (3 points)
| A | B | C | D | E | ||
| Probability | Negligible 0.05 | Minor 0.1 | Moderate 0.2 | Major 0.4 | Severe 0.8 | |
| E | Very likely 0.1 | |||||
| D | Likely 0.2 | |||||
| C | Possible 0.3 | |||||
| B | Unlikely 0.4 | |||||
| A | Very unlikely0.5 |
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