Question: A project risk refers to ______. the potential that the project may not be awarded to a company that is bidding for it the potential

A project risk refers to ______.
the potential that the project may not be awarded to a company that is bidding for it
the potential of any event that can adversely affect the feasibility of a project
the potential for project costs to be significantly less than budgeted
the potential for project time to be significantly less than scheduled

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 General Management Questions!

Q:

The following case was developed by the Ernst & Young Academic Resource Center, which is sponsored by the Ernest & Young Foundation. For this case, you have received a data file,...

Q:

Whether we should crash an activity or not depends on ______. a crashing costs per day b whether the activity is on a critical path c both A and B d neither A nor B A projects life cycle refers to...

Q:

A project risk refers to ______. athe potential that the project may not be awarded to a company that is bidding for it b the potential of any event that can adversely affect the feasibility of a...

Q:

1.Prepare forecasted financial statements for Year 7 (cashflow statement, income statement, and balance sheet).Prepare a brief justification for each assumption that youmake when forecasting a...

Q:

Risks 1. Technology hazard The technology component of project management is a complicated deliverable due to the rapid emergence of new and cutting-edge technologies. Data security, organizational...

Q:

How can i reply to the following peer Post while also asking a question? Hello Class, Part One: The utilization of Z score is employed to predict the probability of a commercial entity experiencing...

Q:

please answer this question before 21h uk time Section A This section is compulsory. Question 1 You are the finance director of Zibuck Engineering Plc (ZEP), a UK based firm that specializes in...

Q:

please answer all the questions Section A This section is compulsory. Question 1 You are the finance director of Zibuck Engineering Plc (ZEP), a UK based firm that specializes in manufacturing...

Q:

OPERATIONS MANAGEMENT ASSIGNMENT 6 1 Human resources, project management and operations management are all equally vital to a business's success. Each of these focuses on different areas of the...

Q:

Using the SEC 10-K for LOCKHEED MARTIN answer the questions below: ****I included the report in the attachment **** What were total current assets for the two most recent years? What were total...

Q:

Answer the following questions after reviewing the annual report From the Management Report and Audit Report: a) What information does the Management Report (Not MD&A) convey? b) Which audit company...

Q:

The following two ER diagrams contain both a cardinality ratio constraint and a participation constraint. a. In the first ER diagram, is the instance diagram on the right consistent with the ER...

Q:

Laskowski, Inc., operates a chain of consumer electronics stores. This year, the company achieved annual sales of $75 million, on which it earned a net income of $3 million. At the beginning of the...

Q:

You were recently appointed as the head internal auditor of Magz and Wheelz ( Pty ) Ltd ( hereatter MAW ) . MAW sell tyres and car accessories directly to the general public. The company has a 2 8...

Q:

Required information [The following information applies to the questions displayed below] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company...