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Question

What is the risk exposure of a risk?

a.

The probability that the risk will occur

b.

The effect that the risk will have on the project

c.

The combination of the probability and the effect of the risk

d.

The amount of money allocated for handling the risk

Answer: (c).The combination of the probability and the effect of the risk Explanation:The risk exposure of a risk is the combination of the probability that the risk will occur and the effect that it will have on the project. It is calculated by multiplying the probability by the effect, or p*E.

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Q. What is the risk exposure of a risk?

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