Question 2 Complete the Contingency Budget for the table below  If risk C and F actually occurred, you would be able to tap the contingency budget for relief? Should you focus on risk F and why?

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
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Question 2

  1. Complete the Contingency Budget for the table below 
  2. If risk C and F actually occurred, you would be able to tap the contingency budget for relief?
  3. Should you focus on risk F and why?
fle://CUsers/mct62Documents/Mark20ackup2010-2-2017/Document
2oanalysis20andomanagement/contingency20bud
Risk
P (Risk Probability)
I (Cost Impact)
Risk
Contingency
P* Ic
A
.7
£20,000
B
.4
£15,000
.6
£10,000
D
.3
£30,000
.5
£25,000
F
.8
£35,000
Total
£135,000
Transcribed Image Text:fle://CUsers/mct62Documents/Mark20ackup2010-2-2017/Document 2oanalysis20andomanagement/contingency20bud Risk P (Risk Probability) I (Cost Impact) Risk Contingency P* Ic A .7 £20,000 B .4 £15,000 .6 £10,000 D .3 £30,000 .5 £25,000 F .8 £35,000 Total £135,000
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