Risk exposure is the:
A. Funds set aside to contain the risk.
B. Probability a risk will occur.
C. Amount of money the risk will cost if it occurs.
D. Amount of damage to the project if the risk occurs.
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I think it should be “C” Amount of money the risk will cost if it occurs.
risk exposure is calculated by multiplying the probability and the impact and the overall risk is then tracked to assess the “risk” of a project.