Question: A general contingency is used for a. Risks that are identified at the outset of the project b. Risks that are not identified at the

A general contingency is used for—

a. Risks that are identified at the outset of the project

b. Risks that are not identified at the outset of the project but are known before they occur

c. Risks that cannot be known before they occur because they are external risks

d. Any risks that cannot be known before they occur

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related PMP® Exam Practice Test And Study Guide Questions!

Q:

IT Project Mgmt . Fundamentals, Tools and Techniques Group Project 4 - Risk Management ( 1 0 % ) Group Project 4 - Risk Management ( 1 0 % ) Project Content Working in your groups complete and submit...

Q:

winning bid ( $ ) sun mon tue wed thu fri # bids rank- in -day # auctions 535.00 0 0 0 1 0 0 8 1 13 536.00 0 0 0 1 0 0 7 2 13 586.00 0 0 0 1 0 0 11 3 13 585.00 0 0 0 1 0 0 7 4 13 535.00 0 0 0 1 0 0 4...

Q:

A management reserve is used for a. Risks that are identified at the outset of the project b. Risks that are not identified at the outset of the project but are known before they occur c. Risks that...

Q:

Project Overview: The project is to develop a new mobile application for a client. The application will be a food ordering app that allows users to place orders from their favorite restaurants and...

Q:

Assignment Deliverable Content: In this assignment, you will develop a Risk Management Plan for the project, describing in detail the types of Risk Management Activities that will take place in the...

Q:

Question 15 (1 point) The chronology of calculation in a decision tree occurs from? a) Right to left O b) Top to bottom O c) Left to right O d) Bottom to topQuestion 16 (1 point) Projects are...

Q:

Risk Analysis and Management of Construction and Operations in Offshore Wind Power Project Abstract: Many countries have increased the use of renewable energy and strongly promoted offshore wind...

Q:

question 2.Elaborate on risk assessment as per the Task Initiation Procedure (TIP) and oversight processes TETRA TECH EC AND RISK MANAGEMENT As Don Rogers, chief operating officer of the remediation...

Q:

Q-1 Read the case properly and elaborate on risk assessment and Link your analysis to Don Rogers feeling about Tetra Techs risk. What has Tetra Tech done to overcome the difficulties associated with...

Q:

Q-1 Read the case properly and elaborate on risk assessment and Link your analysis to Don Rogers feeling about Tetra Techs risk. What has Tetra Tech done to overcome the difficulties associated with...

Q:

What are four important tactical tasks for a negotiator in a distributive situation to consider?

Q:

The disbursement of public funds between the variousn expenditures undertaken by the state should also, in a generaln manner, be determined by the same criteria as per ordinaryn individuals...

Q:

Current Attempt in Progress Sunland Co . had a sheet metal cutter that cost $ 1 1 7 , 0 0 0 on January 5 , 2 0 2 1 . This old cutter had an estimated life of ten years and a salvage value of $ 1 9 ,...

Q:

The probabilities that a patient will have 0, 1, 2, or 3 medical tests performed on entering a hospital are 6 / 5, 5/15, 3/15 and 1/15 respectively.