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Please see the risk analysis below, which statement is correct? RiskID Impact (1-10) Probability (%) Exposure...

Please see the risk analysis below, which statement is correct?

RiskID

Impact (1-10)

Probability (%)

Exposure (1-10)

Rank

Web1

8

40

DB1

5

35

Res1

3

40

Res2

9

10

DB2

3

5

Web2

1

99

Bus6

4

20

Bus7

7

60

Group of answer choices

The 3 lowest ranked risks (from lowest to highest) are DB2, Res1, Bus6.

As Res2 and Web1 have the same exposure, they should be ranked the same.

Res2 refers to a human resourcing risk where the subject matter expert leaves the team. As this has a very high impact and high probability, there should be multiple risk strategies to address that risk.

Bus7 is the highest ranked risk and accordingly there should be multiple different strategies for addressing that risk.

The risks ranked from highest to lowest are Bus7, Web1, DB2, Res1, Web2, Res2, Bus6, DB1

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Answer #1

The correct answer is Bus7 is the highest ranked risk and accordingly there should be multiple different strategies for addressing that risk.

Risk for Bus 7 = 7*0.6 = 4.2 which is the highest.

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