What is the likely outcome of creating this type of chart?

Your project has several risks that may cause serious financial impact should they happen. You have studied the risk events and made some potential risk responses for the risk events but management wants you to do more. They’d like for you to create some type of a chart that identified the risk probability and impact with a financial amount for each risk event.

What is the likely outcome of creating this type of chart?
A . Risk response plan
B . Quantitative analysis
C . Risk response
D . Contingency reserve

View Answer

Answer: D