ISQI Certified Tester Foundation Level — Question 20
Which of the following risks represents the highest level of risk to the project?
Answer options
- A. Likelihood of failure = 1%, potential cost of impact = $1m.
- B. Likelihood of failure = 10%, potential cost of impact = $500,000.
- C. Likelihood of failure = 20%, potential cost of impact = $150,000.
- D. Likelihood of failure = 5%, potential cost of impact = $500,000.
Correct answer: B
Explanation
Option B has a likelihood of failure of 10% with a potential cost impact of $500,000, leading to a risk value of $50,000. This is higher than the other options, as their calculated risk values are lower due to either lower likelihoods or lower potential impacts. Thus, option B represents the highest level of risk to the project.