A project has identical probability of failure and consequence of failure values.What must these values be if the overall risk factor is at the low end of the high risk category?
A).234
B).387
C).452
D).591

Question

Quizplus · Accepted Answer

In order for the overall risk factor to be at the low end of the high risk category, the probability of failure and consequence of failure values must both be relatively high. The only option that fits this criteria is choice C with values of 0.8 for both probability and consequence, giving a risk factor of 0.64 which is at the low end of the high risk category.

A Project Has Identical Probability of Failure and Consequence of Failure