Question: Using the risk register from question 3.1, calculate the 5 possible Expected Monetary Values using the aggregation of the risk driven occurrences methodology? (10 marks)
Using the risk register from question 3.1, calculate the 5 possible Expected Monetary Values using the aggregation of the risk driven occurrences methodology? (10 marks)
Students may use estimated values and state any assumptions during the estimation.
5.2 Discuss the result of this methodology using an appropriate diagram?
5.3 Summarise what does this average impact value means for the organisation.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
