QUESTION
Imagine that you are a member of a project team that has been charged with developing a new product for the residential building industry. Using a qualitative risk analysis matrix, develop a risk assessment for a project based on the following information: :
Identified risk factors Likelihood
1. Key team members pulled off project  1. High
2. Chance of economic downturn  2. Low
3. Project funding cut 3. Medium
ANSWER:
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