In the following figure, suppose program node Nj has 10 risk events El L=123 10,...). Suppose each risk event's occurren
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In the following figure, suppose program node Nj has 10 risk events El L=123 10,...). Suppose each risk event's occurren
questions. (A) Use Definition 4.1 to compute the risk score measure of each risk event. Assume equal weights in computing each risk score measure. Definition 4.1: Risk Event Risk Score The risk score of risk event E is given by the additive value function Risk Score(E)=RS(E)= 14,V (E) +₂V (E) (B) Develop a most-to-least critical risk ranking of these risk events using the computed risk score measures. (C) Create a scatter plot of the results in (A) and (B) similar to the scatter plot shown in Figure 3.42 below 100- 70 0 10p 2250 0.75 0.50 0.25 0.00 FIGURE 3.42 Probability 6.00 1234561009 Cost Probability Impact (8) (N) 95 210 19 888888 65 0.25 15 to a ASHRANATH TLRHDT1206 6.50 Impact (orq 15 18 Fr bil 16 10 12 Do 140022 Pis 8.9 01.75 14 3 0² 1.00 4 2 S
In the following figure, suppose program node Nj has 10 risk events El L=123 10,...). Suppose each risk event's occurrence probability and its impacts (if it occurs) are scored as shown in Figure 4.21. E1 E2 E3 E4 ES E6 E7 E8 E9 E10 Program node N₂ Risk Event Event Schedule Technical Perf Programmatic Impact Impact Impact Months Level (1-5) Level (1-5) 4 3 2 S 4 FIGURE 4.21 Given this information, answer the following