solve the questions: Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks. the quation is : 1- Plot the six risks on a probability/impact matrix.  2-  assign a numeric value for the probability and impact of each risk on meeting the main project objective.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet Project. However, all they did was document the risks in a list. They never ranked the risks or developed any response strategies. Because the project has had several problems, such as key team members leaving the company, users being uncooperative, and team members not providing good status information. Tony has decided to be more proactive in managing risks. He also wants to address positive risks as well as negative risks.

the quation is :

1- Plot the six risks on a probability/impact matrix. 

2-  assign a numeric value for the probability and impact of each risk on meeting the main project objective. 

High
Mitigate /
cancel
Insure /
mitigate
Rare
Probable
catastrophe
disaster
Impact
Bad luck
Management
challenge
Ассеpt
Externalise
Low
Low
High
Probability
Transcribed Image Text:High Mitigate / cancel Insure / mitigate Rare Probable catastrophe disaster Impact Bad luck Management challenge Ассеpt Externalise Low Low High Probability
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