WBJECA 2025 — Computer PYQ

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Question

WBJECA 2025 — Computer PYQ

WBJECA | Computer | 2025

A risk in a software project has a probability of occurrence of 0.3 and the potential loss if it occurs is estimated to be Rs. 2,00,000. What is the Risk Exposure (RE) for this risk?

Choose the correct answer:

Explanation

In Software Engineering, Risk Exposure (RE) is a quantitative measure used to prioritize risks. It is calculated by multiplying the probability of a risk occurring by the potential loss (cost) associated with that risk.

The formula for calculating Risk Exposure is:

$R E = P \times L$

Where:

$P$ = Probability of risk occurrence
$L$ = Potential loss

Given the values from the problem:

$P = 0.3$
$L = 2, 00, 000$

Now, substitute these values into the equation:

$R E = 0.3 \times 2, 00, 000$

$R E = 60, 000$

Therefore, the Risk Exposure for this software project is Rs. 60,000.