Sean is organizing a special event at his restaurant, with live music and a special menu. The restaurant is located in an area with a reliable power grid and no recent history of outages. What will be the probability and related impact of an extended power outage during the event? Low probability and high impact High probability and high impact Medium probability and high impact Medium probability and low impact

Given that the restaurant is located in an area with a reliable power grid and no recent history of outages, the probability of an extended power outage during the event can be considered low. While the impact of such an outage could be high—affecting the live music performance, food preparation, and overall guest experience—historical reliability gives a strong indication that the chances of occurrence are minimal. It's always a good idea for event planners like Sean to have a backup plan in place just in case. This could include having generators on standby, alternative menus that do not rely heavily on power, or an acoustic setup for the live music. Common mistakes often come from underestimating the importance of these contingencies; even in areas with reliable grids, weather events or unexpected issues can arise.