The purpose of a numeric scale in risk management is to______________
A. Avoid high-impact risks
B. Assign a relative value to the impact on project objectives if the risk in question occurs
C. Rank order risks in terms of very low, low, moderate, high, and very high
D. Test project assumptions
A. Avoid high-impact risks
B. Assign a relative value to the impact on project objectives if the risk in question occurs
C. Rank order risks in terms of very low, low, moderate, high, and very high
D. Test project assumptions