Aspire Faculty ID #17680 · Topic: JECA MCA 2025 · Just now
JECA MCA 2025

A risk in a software project has a probability of occurrence of 0.3 and the potential loss if it occurs is estimated to be Rs 2,00,000. What is the Risk Exposure (RE) for this risk?

Solution

RE = Probability × Loss = 0.3 × 200000 = 60000.

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