Question: Risk ID 1 2 3 4 5 6 7 8 9 10 Probability (%) GRK628828 40 70 75 50 30 60 90 20 30

Risk ID 1 2 3 4 5 6 7 8 9 10 Probability (%) GRK628828 40 70 75 50 30 60 90 20 30 10 Impact (ZAR) 83 010 6 484 84 434 86 383 2 246 85 865 16 075 33 430 7444 25 040 5.1 Calculate the Average Impact for each of the risks using a non-aggregated approach. 5.2 Calculate the Average Impact the risks using an aggregated approach. 5.3 Explain what this value means for this organisation? (10 marks) (5 marks) (5 marks)

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Risk Analysis 51 Average Impact NonAggregated Approach This approach calculates the average impact for each risk individually Theres no overall averag... View full answer

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