Question: Question 3 ( 2 5 Marks ) A risk probability or consequence is often described as being, low, medium or high. The probability and impact
Question Marks A risk probability or consequence is often described as being, low, medium or high. The probability and impact of risks can be charted by a project manager on a probabilityimpact matrix or chart. Use the identified risks of the case study project AT LEAST record them on a probabilityimpact matrix. Thereafter, justify the recording of each risk in the quadrant that you have chosen Marks The primary output of risk identification is the risk register. With reference to the above the case study, design a risk register for the project and ensure that AT LEAST FIVE relevant risks are recorded on the register. Thereafter, discuss the merits of each risk in the context of the case study.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
