What are common examples used to communicate risk probability and impact?
What are common examples used to communicate risk probability and impact?
Common examples used to communicate risk probability and impact include probability distributions, sensitivity analysis, modeling and simulation, and probability and impact matrix. These methods provide quantifiable and visual means to assess and convey the likelihood and potential consequences of risks, making them essential tools in risk management.
The correct answer is: C. Probability distributions, sensitivity analysis, modeling and simulation, and probability and impact matrix.
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C is the best answer
Probability distributions, sensitivity analysis, modeling and simulation, and probability and impact matrix
C. Probability distributions, sensitivity analysis, modeling and simulation, and probability and impact matrix.