Given a project where you have established that the following risks are concerns and have identified best case/worst case scenarios: Risk A. Loss of key personnel B. High requirements volatility C. Failure of key supplier to deliver on time D. Unrealistic commitments E. Unable to grow to meet demand a) What is the risk exposure for each risk? b) Draw a risk severity matrix for the risks above. • Use three categories for likelihood: low (less than 30 %), medium (30 % -70%), and high (more than 70%). High (>S700K) Likelihood 80% 60% 25% 90% 20% • Use three categories for impact: low (less than $300K), medium ($300-700K), and high (more than $700K). Values that fall exactly on a boundary should be classified in the higher category. Impact Medium ($300-700K) Low (<$300K) Low (<30%) Impact $900K $400K $200K $600K $350K Likelihood Medium (30-70%) High (>70%)

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Given a project where you have established that the following risks are concerns and have
identified best case/worst case scenarios:
Risk
A. Loss of key personnel
B. High requirements volatility
C. Failure of key supplier to deliver on
time
D. Unrealistic commitments
E. Unable to grow to meet demand
a) What is the risk exposure for each risk?
b) Draw a risk severity matrix for the risks above.
High
(>$700K)
Likelihood
80%
60%
• Use three categories for likelihood: low (less than 30%), medium (30% -70%), and
high (more than 70%).
Medium
($300-700K)
25%
90%
20%
•
Use three categories for impact: low (less than $300K), medium ($300-700K), and
high (more than $700K).
Values that fall exactly on a boundary should be classified in the higher category.
Impact
Low
(<$300K)
Low
(<30%)
Impact
$900K
$400K
$200K
$600K
$350K
Likelihood
Medium
(30-70%)
High
(>70%)
Transcribed Image Text:Given a project where you have established that the following risks are concerns and have identified best case/worst case scenarios: Risk A. Loss of key personnel B. High requirements volatility C. Failure of key supplier to deliver on time D. Unrealistic commitments E. Unable to grow to meet demand a) What is the risk exposure for each risk? b) Draw a risk severity matrix for the risks above. High (>$700K) Likelihood 80% 60% • Use three categories for likelihood: low (less than 30%), medium (30% -70%), and high (more than 70%). Medium ($300-700K) 25% 90% 20% • Use three categories for impact: low (less than $300K), medium ($300-700K), and high (more than $700K). Values that fall exactly on a boundary should be classified in the higher category. Impact Low (<$300K) Low (<30%) Impact $900K $400K $200K $600K $350K Likelihood Medium (30-70%) High (>70%)
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