How is the Risk Priority Number per Asset or Location calculated in Maximo Asset Performance Management (APM)?

How is the Risk Priority Number per Asset or Location calculated in Maximo Asset Performance Management (APM)?
A . by aggregating the amount of Corrective Work Orders associated to the Asset or Location
B . by aggregating the amount of Failure Modes associated to the Asset or Location
C . by multiplying the Failure Consequence number with the Failure Probability number per Failure Mode
D . by aggregating the Corrective Work Order cost associated to the Asset or Location

View Answer

Answer: C