Risk Priority Number is computed as
A)opportunity ∗ risk score ∗ threat.
B)occurrence ∗ outcome.
C)occurrence ∗ outcome ∗ detection.
D)overall cost + (occurrence ∗ threat level score ∗ detection score).

Question

Quizplus · Accepted Answer

The formula for Risk Priority Number (RPN) is given by occurrence x outcome x detection. It is used to prioritize risks based on their likelihood, impact, and detectability. Option A is incorrect as it involves an opportunity factor which is not part of the RPN formula. Similarly, option B is incorrect as it only considers occurrence and outcome, and ignores the detectability factor. Option D is also incorrect as it involves an additional cost factor which is not part of the RPN formula. Therefore, option C is the correct choice.

Risk Priority Number Is Computed as