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Project risk is characterized by three factors. What are they?

A. Risk event, risk probability and the amount at stake B. Severity of impact, duration of impact and cost of impact C. Occurrence, frequency and cost D. Identification, type of risk category and probability of impact

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2018/01/31
Sherif Shabaan
by Sherif Shabaan , Green Riyadh.. Site Civil Engineer , Al Fahd Company

A. Risk event, risk probability and the amount at stake

Shadab Shaikh
by Shadab Shaikh , Security, Risk & Audit Compliance Manager , Atos India Pvt Ltd

  1. Risk Event
  2. Risk Probability
  3. Amount at Stake

Vishal Kanoongo
by Vishal Kanoongo , Associate Director , KPMG

  • Tha anwer is as below:

A. Risk event, Risk probability and the amount at stake

Fabio Botelho
by Fabio Botelho , Project Planning Engineer , Terranova P&P

D. Identification, type of risk category and probability of impact.

 

We usually perform two analyzes: - Quantitative analysis where we identify how many risks we have associated with a project, wbs or even a task of a schedule. - Qualitative analysis where we indicate the degree of probability of a risk happening.

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Answer: AExplanation: Risk event, risk probability and the amount at stake are the factors

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