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Video: What are Risk Likelihood Levels? (1)

Why This Matters: Risk likelihood levels can be as simple as 1 to 5 or even 1 to 3, which would be low, medium, or high. Again, design the number of levels based on the use case and context.

Project Question: Why would you choose 1 to 3, 1 to 5 or even 1 to 10 risk likelihood levels? What are the advantages of each scaling?