Ann: Kiwi 1 Demonstrates Strong Initial Results from EPT, page-130

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Quantified ExampleUsing the previous cumulative risk score of 92.5% and adding the new riskrobability of Not Finding Gas: Let's assume a mid-range probability of 20%.Impact of Not Finding Gas: Assume a near-total impact of 95%.Risk Score for Not Finding Gas: 20% (probability) × 95% (impact) = 19%Updated Total Risk ScoreAdding this to the previous total risk scorerevious Risk Score: 92.5%Risk of Not Finding Gas: 19%New Total Risk Score: 111.5%This updated risk score indicates that the project is highly risky, with multiple significant factors contributing to potential failure or increased costs.

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