Project Risks >> Fundamentals of Project Planning and Management
*Please Do Not Click On The Options.
* If You Click Mistakenly Then Please Refresh The Page To Get The Right Answers.
On the x-axis we have the relative magnitude of the ‘impact,’ with higher numbers indicating a more severe outcome. On the y-axis we have the probability that a risk ‘may’ occur, ranging from just above 0% to just below 100%. Using Risk Score as a measure, prioritize risks A through E from MOST risky to LEAST risky.
Consider the project detailed in the table above. Assume every task begins as soon as possible, but lasts its MINIMUM duration. What is the duration of this project as a whole?
According to the Tornado Chart above, which task has the potential to cause the GREATEST IMPACT on the project’s OVERALL DURATION?
7. Figure 4: Cumulative Probability Curve for the duration of Project X
According to the cumulative probability curve above, what is the probability that this project will take AT LEAST 25 weeks to complete?
According to the cumulative probability curve above, what is the probability that this project will be completed within 55 weeks?