Free PMI Project Management Professional (PMP) Practice Question

The correct answer is False. To calculate the risk score, we use the formula: Risk Score = Probability x Impact.

For the first risk: 0.3 x 0.8 = 0.24 For the second risk: 0.6 x 0.5 = 0.30

Although the first risk has a lower probability, its impact is not enough to result in a higher overall risk score compared to the second risk. This example illustrates the importance of considering both probability and impact when assessing risks, rather than focusing solely on one aspect. A risk with a higher probability and a considerable impact can potentially be more critical.