Question: A contingency reserve is ____________. A. An active risk acceptance response B. Determined by a risk audit C. A passive risk acceptance response D. Not

A contingency reserve is ____________.

A. An active risk acceptance response B. Determined by a risk audit C. A passive risk acceptance response D. Not a risk response strategy

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 For Small Projects Questions!

Q:

Using the manual rating model, you have calculated the rate per $1,000 and total premium amount for the Mammoth Mart proposal, and you have provided both values to the sales representative. She is...

Q:

Looking at Boeing's share price for the previous years, what statement below you believe is true about paying for the risk response of grounding the planes? a. Boeing only used the contingency...

Q:

can you compare and contract and advantage and disadvantage theseareas.Describe the following seven steps related to project risk planning: Risk Management Planning, Risk Identification, Qualitative...

Q:

CIS 620/B Project Plan For the Global Collaboration Enterprise Information System 1200 12th Avenue, Suite 1200 Seattle, Washington 98114 U.S.A. November 11, 2015 Draft Version 19.0 November 11, 2015...

Q:

Can you assist me with a simple compare and contract and advantages and disadvantages, possibly some examples of these 4 areas AVOID Risk avoidance is a risk impact response strategy whereby the...

Q:

Being a diligent project manager, you understand the importance of identifying all project risks which can then be prioritized using Perform Qualitative and Quantitative Risk Analysis. In this...

Q:

1. Which of the following is the best investment choices to take when managing a portfolio of securities? a) Market Timing Decisions b) Securities Selection c) The choice of asset mix d) Chance 2....

Q:

Save and Submit 1. QUESTION 1 Which of the following items must be included in a Project Charter? A. Names of all of the team members who will work on the project. B. The impact of business cycles on...

Q:

Case Study #3 - Financial Statement Review (Instructions) For Assignment #3, we will be using the financial statement for year ending March 31, 2021, that is located on the Internet for the not for...

Q:

please explain to me each point in the slides Strategies for Negative Risks or Threats: Risk Mitigation. Cont Where it is not possible to reduce probability, a mitigation response might address the...

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:

Use the following information to calculate for the year ended December 31, 2020 (al net income. (b) ending owner's equity, and (c) total assets. Supplies Operating expenses Accounts payable Accounts...

Q:

In a bankruptcy liquidation, what actions does the trustee perform?

Q:

For which item below would a bank issue a credit memorandum to a depositor's account? Collection of a note receivable An NSF check Monthly service charges Outstanding checks Deposits in tramsit

Q:

Why is the Feynman Group's Dell "Deal of the Month" brand-action communication likely to have a high marketing ROI?