The chart below contains a description of top risks, inherent risk assessment, three risk response alternatives, and residual risk assessment for each response alternative for Jones Hiking Trails.

Risk	Inherent Risk Likelihood	Inherent Risk Impact	Risk Response Alternatives	Residual Risk Likelihood	Residual Risk Impact
Hikers on trials become hurt. Hikers could sue.	18%	$10,023,000	A—Require safety training.	13%	$6,031,000
			B—Require specific hiking gear.	20%	$5,047,000
			C—Take no action.	25%	$10,098,000

Calculate the residual risk for alternative A for Jones Hiking Trails.

Answer rating: 100% (QA)

To calculate the residual risk for alternative A for Jones Hiking Trails we need to consider the f... View the full answer