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OLga [1]
1 year ago
12

You are the pm for a new development project. you are creating a prioritized list of project risks. which tool would you use?

Business
1 answer:
Umnica [9.8K]1 year ago
7 0

An effective tool for managing risk is a risk assessment matrix, commonly referred to as a risk probability impact matrix or risk PI matrix.

<h3>What is risk PI matrix?</h3>

An effective tool for managing risk is a risk assessment matrix, commonly referred to as a risk probability impact matrix or risk PI matrix. It functions by classifying hazards according to their likelihood of happening and the degree of harm they would cause if they did. The risk management process (RMP) is used by principal inspectors (PI) to record, monitor, and assess the status of existing hazards and the risks that go along with them.

A process, product feature, contract, or other initiative's complexity is measured using a value-risk matrix. The value/risk matrix is helpful for project or product creation, category management, contract management, and sourcing strategy.

A project risk is a hazard that could happen or not during the project. Contrary to what we typically associate with the word "risk," a project risk could either have a positive or negative impact on the progress of the project's goals. Risk management is the process of reducing project risks to ensure that a project is finished on schedule, within budget, and in accordance with its objectives.

To learn more about Risk PI matrix refer to:

brainly.com/question/18524773

#SPJ4

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Answer:

-$1,800

Explanation:

Given that

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3 years ago
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a CTSO for students taking marketing classes

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Karen made a commission of $3522.75 on the sale of a property. Splitter commission clear with her broker which is 50% to the bro
Mademuasel [1]

<u>Answer:</u>

<em>$50,325 is the sale price of the property</em>

<u>Explanation:</u>

Karen made a commission of $3522.75 on the sale of a property. Splitter commission clear with her broker which is 50% to the broker and 50% Karen. Broker took 55% of the total commission on a 7% commission rate.

So not considering the commission for a while if we divide commission by the commission rate we will get the sale price.

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3 years ago
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