Assessment:
Quantitative Risk
Q: Assume the following information for an IT project.
Probability of failure Consequences of failure
Maturity=.7 Cost=.9
Complexity=.7 Schedule=.7
Client Concerns=.5 Performance=.3
Programmer skill=.3 Future business=.5
Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?