Questions

1. Can the impact of one specific risk event, such as a technical risk event, create additional risks, which may or may not be technical risks? Can risk events be interrelated?

2. Does the list provided by marketing demonstrate the likelihood of a risk event or the impact of a risk event?

3. How does one assign probabilities to the marketing list?

4. The seven items in the list provided by engineering are all ways of mitigating certain risk events. If the company follows these suggestions, is it adopting a risk response mode of avoidance, assumption, reduction, or deflection?

5. Would you side with marketing or engineering? What should Luxor do at this point?

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