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Explain the following terms Low impact - Low probability, Low impact - High probability, High impact - Low probability, High impact - High probability
written 3.5 years ago by gravatar for sourav108555 sourav108555 • 590 •   modified 3.5 years ago
project management
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written 3.5 years ago by gravatar for sourav108555 sourav108555 • 590 •   modified 3.5 years ago

1) Low impact-Low probability: The risks that are characterized as low, or very low, risks have both a low impact and likelihood of occurrence. For negative risks, threats, the response required is not necessarily as proactive management action. However, they should be included within the risk register for future monitoring. …

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