Question

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.

A. True
B. False

Answer 1

True

Explanation:

A probability-impact risk matrix is a two-dimensional graphic representation of the risks in an organization or an entity; it could be from an individual to an entire planet.

The probability of an event is plotted (on one column) against the potential negative impact of that event (on another column)