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Total project risk is defined as: The sum of the consequences of all project ris

ID: 1209416 • Letter: T

Question

Total project risk is defined as:

The sum of the consequences of all project risk events

The sum of the probabilities of all project risk events

The sum of the probabilities of project risk events times the sum of consequences of those risks

The sum of the products of the probabilities of each project risk event times its consequence

1.

The sum of the consequences of all project risk events

2.

The sum of the probabilities of all project risk events

3.

The sum of the probabilities of project risk events times the sum of consequences of those risks

4.

The sum of the products of the probabilities of each project risk event times its consequence

Explanation / Answer

The sum of the probabilities of project risk events times the sum of consequences of those risks

The sum of the probabilities of project risk events times the sum of consequences of those risks

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