decisions and implications

1)      In your project, you are creating a diagram that describes the decision under consideration and implications of choosing one or another of the available alternatives. This will help to:

  1. Get a qualitative analysis of the risk
  2. Determine which risks may have the most impact on the project
  3. Translate the uncertainties at a detailed level into potential impact on objectives expressed at the level of the total project
  4. Determine which decision yields the greatest expected value

jvleminc's picture

Tricky question :-( 

Question seems to be point towards Decision Tree. And Decision tree analysis is used to analyze the impact of risk on a project. Hence 2 

 option 4 is right

 4

 4