Question: Your scheduling risk assessment identified five elements from the master risk register that may cause delays to the project. You will need to determine the

Your scheduling risk assessment identified five elements from the master risk register that may
cause delays to the project. You will need to determine the expected delay from each activity to
produce a schedule contingency for the project. The probabilities provided in Table 4-2 describe
the likelihood that a risk event (and its various consequences) could happen on the project. The
only exception to this is for the 'Typhoon' risk event, which is estimated to have a 50% chance of
occurring during your project (the probabilities for 'Typhoon' in Table 4-2 are assuming that the
typhoon hits).
Table 4-1) Magnitude of the Scheduling Risk
Table 4-2) Probability of the Scheduling Risk
 Your scheduling risk assessment identified five elements from the master risk

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