1 votes 1 votes If $P$ is risk probability, $L$ is loss, then Risk Exposure $(RE)$ is computed as. $RE = P/L$ $RE = P + L$ $RE = P \ast L$ $RE = 2 \ast P \ast L$ Probability nielit2017oct-assistanta-cs engineering-mathematics probability + – admin asked Apr 1, 2020 retagged Oct 23, 2020 by Krithiga2101 admin 1.6k views answer comment Share Follow See all 0 reply Please log in or register to add a comment.
1 votes 1 votes OPTION C P*L The formulation "risk = probability (of a disruption event) x loss (connected to the event occurrence)" is a measure of the expected loss connected with something (i.e., a process, a production activity, an investment...) subject to the occurrence of the considered disruption event. It is a way to quantify risks. It can also be written as "risk = failure probability x damage related to the failure". Therefore Option C is correct answer. swet871 answered Sep 27, 2020 swet871 comment Share Follow See all 0 reply Please log in or register to add a comment.
0 votes 0 votes option A RISK EXPOSURE=P/L where P= probability of occurrence of risk L=loss of project where risk occur Mohit Kumar 6 answered May 2, 2020 Mohit Kumar 6 comment Share Follow See all 0 reply Please log in or register to add a comment.