A company is shooting a new advertisement for their website and Gina, the CEO, plays a large part in the ad. The first round of video shoots are scheduled for a month in which Gina has a potential business trip. The schedule for the videographer is tight and he cannot make any changes for that particular month. Consider the risk of Gina's travel plans conflicting with the videographer's schedule. What is the corresponding impact and probability of this risk occurring?a.)Low Impact and High Probabilityb.)High Impact and Medium Probabilityc.)Medium Impact and Medium Probabilityd.)High Impact and High Probability
Question
A company is shooting a new advertisement for their website and Gina, the CEO, plays a large part in the ad. The first round of video shoots are scheduled for a month in which Gina has a potential business trip. The schedule for the videographer is tight and he cannot make any changes for that particular month. Consider the risk of Gina's travel plans conflicting with the videographer's schedule. What is the corresponding impact and probability of this risk occurring?a.)Low Impact and High Probabilityb.)High Impact and Medium Probabilityc.)Medium Impact and Medium Probabilityd.)High Impact and High Probability
Solution
The corresponding impact and probability of this risk occurring would be b.) High Impact and Medium Probability. The impact is high because if Gina, the CEO, is unable to attend the video shoot due to her potential business trip, it could significantly disrupt the advertisement production. The probability is medium because while there is a potential business trip, it is not confirmed that it will conflict with the video shoot schedule.
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