Question: PLEASE JUST INDICATE WHICH IS THE ANSWER......PLEASE DONT EXPLAIN.....NO EXPLANATION IS NEEDED> 18. The cost impact of a risk event occurring as a project proceeds
PLEASE JUST INDICATE WHICH IS THE ANSWER......PLEASE DONT EXPLAIN.....NO EXPLANATION IS NEEDED>
18. The cost impact of a risk event occurring as a project proceeds through its life cycle tends to
Select one: a. remain the same over the life of the project. b. decline at first, but then begin to rise over the life of the project. c. rise at first, but then begin to decline over the life of the project. d. decline over the life of the project. e. rise over the life of the project.
19. Which of the following groups should NOT be a part of the risk identification process?
Select one: a. Vendors b. Subcontractors c. Customers
d. All of these groups can be included in the risk identification process e. Project team
20. According to FMEA, the lowest risk value that an identified risk can take is ________, while the highest risk value that an identified risk can take is ______.
Select one: a. 0, 1 10 to the 300 power b. 1, 125 c. 1, 5 d. 0, 5
e. 1, 25
21. The salary of David who is a cost controller and 70% his time is allocate to the a new product development project, would be classified as __________ costs.
Select one: a. general and administrative overhead b. interaction c. direct project overhead d. direct e. fixed
22. In which step of Risk Management process, risks are identified?
Select one: a. Risk Response Development b. Risk Response Control c. Risk Assessment d. Risk Identification e. All of the steps
23. Testing a new project on a smaller isolated area prior to installing it for the entire organization is an example of ________ a risk.
Select one: a. transferring b. avoiding
c. escalating
d. E) mitigating e. retaining
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
