A Probability/impact Matrix or Chart Lists the Relative Probability of a Risk

question 61

True/False

 A probability/impact matrix or chart lists the relative probability of a risk occurring on one side of a matrix or axis on a chart and the relative impact of the risk occurring on the other.

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Definitions:

Concern

A matter of interest or importance to someone.

Role Incompatibility

Role incompatibility occurs when the expectations or demands of one role conflict with those of another role, leading to stress or difficulty in fulfilling the responsibilities of both roles.

Emotional

Relating to one's feelings, moods, and affective states, often influencing behavior and decision-making.

Difficult

Characterized by challenges, hardship, or requiring significant effort or skill to deal with or overcome.