hard · Project Management Professional predictive
Cinderwell Water is installing a SCADA system. A cyberattack risk has p=0.15 and I=$400,000. Option A (Firewall) costs $30,000 and reduces p to 0.05. Option B (Cyber Insurance) costs $10,000 and reduces impact to $50,000.
Which approach is more efficient?
- Option B.
- Option A.
- Neither, as the project should use management reserve when the event occurs.
- The project manager should use the Delphi technique to reassess the probability.
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