Question: When a project manager is gathering information about risks, is it a good idea for her to set a limit on the number of risks

When a project manager is gathering information about risks, is it a good idea for her to set a limit on the number of risks that will be considered?

Why or why not?

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 Project Management Questions!

Q:

A certain division of an auto finance company is notorious for repossessing cars. Upper management wants to change this perception, so they issue a challenge to the division. If the division does not

Q:

If your finance department informs you that holding costs for the upcoming year will increase, given no other anticipated changes how will this impact your EQO policy? Question 47 options: It will not

Q:

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

Q:

As part of its public sector modernization effort, a North African government has put a lot of effort and allocated significant budgets since 1997 to modernize one of its main public sector...

Q:

QUESTION 5 i. The ability to define what may happen in the future, assess associated risks and uncertainties, and to choose among alternatives lies at the heart of the risk management system, which...

Q:

WRPS Case Questions Do you think the CIMS project objective of sharing across police service organizations is a good idea? Benefits of CIMS? Risks? What key factors have contributed to the current...

Q:

If not answered correctly will vote down. 1.You are in run time when you design the user interface. True False 2. You can use the Properties window to change the properties of controls during run...

Q:

The MindGineer Project for your organization has been assigned to you to oversee as the project manager. A completion budget of RM 1,500,000 and a 18-month timeline are set forth for this project....

Q:

In the etext read the closing case after Chapter 7 The Temptation of Temping . Base your paper on the questions after the closing case as well as on your own research. Your paper should be your...

Q:

I need the multiple choice questions answers from chapter 4 and 5 of the attached & Monograph...

Q:

A = 3, B = 3, C = 11 Consider a rectangular-shaped loop made up of N = (C+50) closely wrapped turns of wire, as shown in the attached figure. The dimensions of the loop in meters are a = (A + 10)/100...

Q:

I have finished my testing of footings of the cash journals, said the assistant auditor to the senior auditor. Shall I state in the working papers the periods for which I verified footings, or should...

Q:

Carol , Cory , and Cora own 3 0 % , 2 5 % , and 4 5 % , respectively , in the HHHPartnership. Carol sells securities for their $ 7 0 , 0 0 0 fair market value ( FMV ) to the partnership.

Q:

What is the definition of cooperative strategy, and why is this strategy important to firms competing in the current competitive landscape?

Q:

Describe the process used to calculate float. Describe how you can tell if it is total float or free float.

Q:

You are the project manager assigned to build and decorate a model home. What might be an example of a lead you encounter when scheduling work activities? A lag?

Q:

Why is an Agile project planned in detail just one iteration at a time? Give an example of a project that would work well using Agile scheduling and another example of a project for which traditional...

Q:

Calculate the amount to be paid (in $) by the insurance company for the claim. (Round your answer to the nearest cent.) Replacement NOTES Value of Building Face Value of Policy Coinsurance Clause (%)...

Q:

The Mats Dating Company manufactures wood baseball bats Meta's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and colege-aged...

Q:

Prepare closing entries from the following information on the Thamesford Storage Company income statement columns from the worksheet. INCOME STATEMENT Debit Credit Sales 34 Sales Ret. and $2 Allow....