Question: [ Use a risk register and a probability and impact matrix to determine the probabilities of occurrence and potential impact rankings of the identified risks.
Use a risk register and a probability and impact matrix to determine the probabilities of occurrence and potential impact rankings of the identified risks. It ranks the risks in order from largest severity to lowest severity levels and indicate if each risk is positive opportunity or negative threat
Qualitative Risk Analysis
Probability Threats Opportunities Probability
Very High Very High
High High
Medium Medium
Low Low
Very Low Very Low
Negative Impact Positive Impact
Very Low Low Medium High Very High Very High High Medium Low Very Low
Table X: Risk P&I Matrix
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