Question: The probability and impact matrix allows project managers to place the risks based on severity levels. Review the reading and research the probability and impact

The probability and impact matrix allows project managers to place the risks based on severity levels. Review the reading and research the probability and impact matrix. Respond to the following:

  • Choose 5 risks you identified in the Week 3 Discussion.
  • For each risk, list its probability of occurrence and potential impact based on a probability and impact matrix.
  • Rank these risks with the one with the highest severity at the top of the list.

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