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The primary factors that might contribute to Project X's failure are employee-related. market maturity related, and health-related. The best estimates one could come up with for these probabilities arc 0.6. 0.2 and 0.3. respectively. The consequences of failure are less certain, with the cost consequences being rated a 0.2. the schedule consequences rated a 0.4, the reliability consequences rated a 0.1, and the company goodwill consequences rated a robust 0.6. What is the overall risk factor for Project X?

Operation Management, Management Studies

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