Which of the following statements about risks is true? Question 11 options: The consequence of a risk
Question:
Which of the following statements about risks is true?
Question 11 options:
The consequence of a risk can be positive for the project. | |
Only risks that impact the critical path of the project areimportant to mitigate. | |
Risks only occur in projects that are long term projects. | |
Risks are higher in long term projects. |
Question 12 (1 point)
Risk management involves identifying, assessing, and respondingto project risks to
Question 12 options:
add extra costs to the project | |
inform the project team so they can ignore the consequences | |
reduce the likelihood of occurrence and their potentialimpact | |
pass the expense of the risks to the customer |
Question 13 (1 point)
The agenda for project status review meetings should include anitem for:
Question 13 options:
risk identification | |
risk assessment | |
risk monitoring | |
risk contingency matrix |
Question 14 (1 point)
This involves taking action to reduce the likelihood that therisk event will occur or reducing the potential impact.
Question 14 options:
Risk identification | |
Accepting the risk | |
Avoiding the risk | |
Mitigating the risk |
Question 15 (1 point)
The most common method of identifying the sources of risksis:
Question 15 options:
network diagram | |
work analysis chart | |
brainstorming | |
initiation reports |
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary