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Two project risks are identified: R1 has a probability of 0.3 and a loss of ₹4,00,000 if it occurs, and R2 has a probability of 0.1 and a l…

2561Medium DSSSB TGT Computer Science 0 replies 1 views

Two project risks are identified: R1 has a probability of 0.3 and a loss of ₹4,00,000 if it occurs, and R2 has a probability of 0.1 and a loss of ₹15,00,000 if it occurs. The total risk exposure is

A₹19,00,000
B₹1,20,000
C₹1,50,000
D₹2,70,000

Correct answer: D

Explanation

Risk exposure = probability × loss, so it is 0.3 × 4,00,000 + 0.1 × 15,00,000 = 1,20,000 + 1,50,000 = ₹2,70,000.

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