--%>
Assignment Help - homework help

Risk Occurrence and Impact

Risk Occurrence and Impact:
A) There are two elements that define risk in projects:

  • the probability of an adverse event or occurrence
  • the severity and cost of that event or outcome

B) There is usually an inverse relationship between probability and cost/impact throughout the project life cycle:

  • generally speaking, most risks are reduced or eliminated towards the start of a project, but their impact increases the later they occur.
  • can be graphically symbolized:

62_risk occurence.jpg

   Related Questions in Biology

  • Q : Role of vitamin K in blood coagulation

    State the organ in which most of the clotting factors are produced? Also specify the role of vitamin K within the blood coagulation?

    		•
  • Q : Describe societies and colonies

    Describe briefly about societies and colonies?

    		•
  • Q : Define the term Computer Science

    Computer Science: It is the study of computing, programming, and computation in association with computer systems. This field of study employs theories on how computers work to test, design, and analyze concepts. Computer science generally has a stron

    		•
  • Q : Endocrine system is as integrative

    Why endocrine system is considered one of the integrative systems of the Human body?  And explain the other physiological systems that also have similar functions?

    		•
  • Q : What is Nostril What is Nostril ?

    What is Nostril? Briefly explain it.

    		•
  • Q : Liberation of female gamete Which organ

    Which organ liberates the female gamete under formation? How this release is triggered? Which organ collects the released gametes?

    		•
  • Q : Main theoretical models-Formation of

    What are the main theoretical models that try to explain the formation of the enzyme-substrate complex?

    		•
  • Q : Define hypersensitivity Give a brief

    Give a brief explanation of hypersensitivity.

    		•
  • Q : Steps of the management by objectives

    Steps of the management by objectives Set organizational goal: first step is to establish the goals each subordinate is to attain. In some organizations superiors and subordinates work together to establish

    		•
  • Q : Define Help Desk Help Desk : In

    Help Desk: In business enterprises, a help desk is a place which a user of information technology can call to obtain help with a trouble. In most of the companies, a help desk is merely one person with a phone number and a more or less organized thoug

    		•