CAPM (Certified Associate in Project Management) Practice Exam

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How is risk score determined in a probability and impact matrix?

  1. Risk Appetite * Risk Response

  2. Probability + Impact

  3. Probability * Impact

  4. Risk Category + Risk Urgency

The correct answer is: Probability * Impact

In a probability and impact matrix, the risk score is determined by multiplying the probability of a risk occurrence by the impact it would have on the project if it does occur. This calculation helps project managers prioritize risks based on their likelihood and potential impact on project objectives. Therefore, option C (Probability * Impact) is the correct choice for determining the risk score in a probability and impact matrix.