Question: Risk identification ID: A name or number that identifies the risk. Risk categories for a project include scheduling, money, technical, and external concerns. Risk priority
Risk identification ID: A name or number that identifies the risk. Risk categories for a project include scheduling, money, technical, and external concerns. Risk priority is decided by assigning a risk score to each risk, calculated by multiplying the impact and likelihood values. When employing qualitative measurements, prioritize hazards based on their impact and probability. To assess risk probability, assign a qualitative or quantitative value to each individual danger
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
