Suppose the Impact of a Risk Is Judged to Be

Multiple Choice

Suppose the impact of a risk is judged to be serious, but the likelihood of it happening is judged to be very small; (circle all that apply) :

A) If the computed expected value consequence is small, the risk can be ignored.
B) The risk should be taken seriously.
C) If the computed expected value consequence is lower than others in the project, it should be addressed only if time and funds allow.
D) A different opinion should be sought that would yield a reduced or not severe impact.