Probability and Impact Matrix

From CNM Wiki
Revision as of 14:14, 4 July 2020 by QiratH (talk | contribs) (Created page with "Probability and Impact Matrix is a grid for mapping the probability of occurrence of each risk and its impact on project objectives if that risk occurs. See also risk. ==...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Probability and Impact Matrix is a grid for mapping the probability of occurrence of each risk and its impact on project objectives if that risk occurs. See also risk.

Definition

According to the PMI Lexicon of Project Management Terms,

Probability and Impact Matrix. A grid for mapping the probability of occurrence of each risk and its impact on project objectives if that risk occurs. See also risk.