feCem Deumen 20bud Risk P (Risk Probability) I (Cost Impact) Risk Contingency P*lc A .7 £20,000 .4 £15,000 .6 £10,000 D .3 £30,000 E .5 £25,000 F .8 £35,000 Total £135,000 c) Complete the Contingency Budget for the table above d) If risk C and F actually occurred, you would be able to tap the contingeney budget for relief? e) Should you focus on risk F and why? f) Fill out the table below with a suggestion Loss Prevention activity

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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fileCUsenmc23/Document/Mark
Sackup2010-2-2017/Documents/
magement/contingencyszobud *
Risk
P (Risk Probability)
I (Cost Impact)
Risk
Contingency
P* lc
A
.7
£20,000
.4
£15,000
.6
£10,000
.3
£30,000
E
.5
£25,000
F
.8
£35,000
Total
£135,000
c) Complete the Contingency Budget for the table above
d) If risk C and F actually occurred, you would be able to tap the contingency budget for
relief?
e) Should you focus on risk F and why?
f) Fill out the table below with a suggestion Loss Prevention activity
HAZARDS
LOSS PREVENTION ACTIVITY (Focus
on the Hazard)
1. Careless Housekeeping
2. Flooding
Transcribed Image Text:fileCUsenmc23/Document/Mark Sackup2010-2-2017/Documents/ magement/contingencyszobud * Risk P (Risk Probability) I (Cost Impact) Risk Contingency P* lc A .7 £20,000 .4 £15,000 .6 £10,000 .3 £30,000 E .5 £25,000 F .8 £35,000 Total £135,000 c) Complete the Contingency Budget for the table above d) If risk C and F actually occurred, you would be able to tap the contingency budget for relief? e) Should you focus on risk F and why? f) Fill out the table below with a suggestion Loss Prevention activity HAZARDS LOSS PREVENTION ACTIVITY (Focus on the Hazard) 1. Careless Housekeeping 2. Flooding
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