Question: Answer the following T/F questions: Project risk mitigation means determining risk likelihood and evaluating its degree of impact on the project. True False The action

Answer the following T/F questions:

Project risk mitigation means determining risk likelihood and evaluating its degree of impact on the project.

True

False

The action on trigger is needed for the risk assessment matrix to decide on whether to implement or not to implement the response plan.

True

False

The project contingency fund is determined from the costs of the risk response plans.

True

False

Resource-limited scheduling is a method for developing the shortest schedule when the quantity of resources is fixed.

True

False

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