Examine both impact and probability of occurrence

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Reference no: EM132265272

Discussion "Quantifying Risk"

Quantifying risk requires us to examine both impact and probability of occurrence.

• Provide a scenario of a one week vacation to a place where you would like to go.

• Then complete a risk assessment for the trip.

• Then quantify each risk in terms of probability and impact.

• Share with you colleagues.

Team evaluate and comment on the work of at least two of your colleagues efforts.

Reference no: EM132265272

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