Question: Problem 3. Risk Management - Risk Prioritization (4 points) In the FMEA Scorecard below, four kinds of natural disaster risks are included with their likelihood,
Problem 3. Risk Management - Risk Prioritization (4 points) In the FMEA Scorecard below, four kinds of natural disaster risks are included with their likelihood, severity, detectability scores marked in red. Please used the information provided to calculate the RPN for the 4 risks and determine the priorities of the risks. 1 = highest priority. 4 = lowest priority. Risk Likelihood Severity Detectability Risk Priority Number (RPN) Priority Earthquake 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 Hurricane 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 Flood 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 Snow Storm 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10
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