One of Mary's employees, Shira, has obtained a new job and given her two weeks' notice. Shira was responsible for updating the company website with information on the new bag policy. Mary gave Shira's responsibilities to another employee in the Marketing department who has similar knowledge and skills. What is the probability of this risk occurring and what is the impact on the project? a.) Low probability and medium impact b.) High probability and high impact c.) Medium probability and low impact d.) High probability and low impact
One of Mary's employees, Shira, has obtained a new job and given her two weeks' notice. Shira was responsible for updating the company website with information on the new bag policy. Mary gave Shira's responsibilities to another employee in the Marketing department who has similar knowledge and skills. What is the probability of this risk occurring and what is the impact on the project? a.) Low probability and medium impact b.) High probability and high impact c.) Medium probability and low impact d.) High probability and low impact
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
One of Mary's employees, Shira, has obtained a new job and given her two weeks' notice. Shira was responsible for updating the company website with information on the new bag policy. Mary gave Shira's responsibilities to another employee in the Marketing department who has similar knowledge and skills.
What is the probability of this risk occurring and what is the impact on the project?
-
a.)
Low probability and medium impact
-
b.)
High probability and high impact
-
c.)
Medium probability and low impact
-
d.)
High probability and low impact
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