The impact of these risks are described and summarized in the risk assessment spreadsheet in Table 16. Given that the number and the complexity of the risks with any proposed course of action can become large, the proposed method for presentation of the risks are with Weighted Risk Likelihood values. For each proposed method, the Weighted Risk Likelihood values is defined as the sum of all weighted costs for each likelihood category. As an example, the Reuse of COTS Risks from Table 14, would be represented as follows in Table 17. This data would be graphed as shown in Figure 1 below.
Management is most likely concerned with the risks of high or medium likelihood.
This graph will provide management an effective way to compare risks of improvements versus no improvements.