Question: Questions 1. (5) Explain the difference between risk and reliability as it applies to project management? 2. (2) (Qualitative Risk Analysis) Draw an illustration of

Questions 1. (5) Explain the difference between risk and reliability as it applies to project management? 2. (2) (Qualitative Risk Analysis) Draw an illustration of a \"Probability! Impact Matrix\". 3. (3) (Quantitative Risk Analysis) Name and describe 3 basic response strategies to negative risks or threats. 4. (5) Name 5 headings that are typically included in a risk register. briefly describe the type of information that would be recorded under each heading and explain why. 5. (6) Probability calculations: a. What is the probability of getting a sum 9 from two throws of a dice? b. Tickets numbered 1 to 10 are mixed up and then a ticket is drawn at random. What is the probability that the ticket drawn has a number which is a multiple of 2 or 3? c. One card is drawn from a standard pack of 52 playing cards. Let A be the event that it is a red card, and B be the event that it is a court (or face) card (i.e. K, O and J). What is the probability that both A and B occur
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