Problem 17-19

Create a risk matrix for this project:


 

   Event

Cost ($000)

Probability

  1.  Equipment breakdown

40         

.20     

  2.  Vendor is late with key segment

200         

.60     

  3.  Subcontractor has labor issues

140         

.30     

  4.  Weather problems

15         

Unknown     

  5.  Funding delays

50         

.40 to .60     

  6.  Testing delays

20         

.40     


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References

eBook& Resources

Multiple ChoiceDifficulty: 2 Medium

 

Problem 17-19Learning Objective: 17-11 Discuss the key steps in risk management.

    • Posted: 3 years ago
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