Question: Question 48 (Mandatory) (1 point) _____ involves reducing the impact of a risk event by reducing the probability of its occurrence. Question 48 options: a)

Question 48 (Mandatory) (1 point) _____ involves reducing the impact of a risk event by reducing the probability of its occurrence. Question 48 options: a) Risk acceptance b) Risk avoidance c) Risk transference d) Risk mitigation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Answer The correct answer is d Risk mitigation The reason is that ri... View full answer

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 Finance Questions!

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...

Read the following MCQs and select the right answer: All of the following are characteristics of a decision tree EXCEPT: A decision tree is a diagram that describes a decision under consideration and...

1. As a Project Manager in a Traditional waterfall project, your role in potential project scope changes is a. receiving and recording change requests from sponsor(s) and/or functional managers b....

q , involves reducing the impact of a risk event by reducing the probability of its occurrence. a . Risk transference b . Risk acceptance c . Risk mitigation d . Risk avoidance

Give feedback to these two articles articles 1 There are several types of risk mitigation strategies that can be used throughout a project. First, risk avoidance is implementing all the precautions...

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...

Question 1 In a cost-benefit analysis, risk is stated as Question 1 options: 1) annualized loss expectation. 2) threat realization probability. 3) annualized risk of occurrence. 4) single loss...

A risk severity matrix .... Question 4 options: A) provides alternative plans that will be used if a possible foreseen risk event becomes a reality B) can be used to review activity and risk by...

What contributions have laboratory and mathematical models made to our understanding of predator-prey population cycles? What are the shortcomings of these modeling approaches? What are their...

An analyst has determined that the required return for an equity investment in shares of global partners is 10.5%. if the risk-free rate is 6% and global's beta is 1.2, Calculate the current market...

( b ) An international oil & gas company has submitted an application to explore for natural gas using fracking method, which uses a lot of water in a water scarce area, which is an environmentally...

Linear programming and capital rationing If we know the cash flow and NPV value for projects A, B, C, and D as presented in Table A. The projects are subject to several constraints. For one, the...

Techno, a unit of Outdoor Corporation, manufactures a line of electric, cordless, lawn mowers. Senior management of Outdoor Corporation has noticed that Techno has been producing more lawn mowers...

Consider the market for health insurance in which the average health care cost required for customers per year is distributed uniformly on the interval [5000,49000]. In other words C~U[5000,49000]....

PROBLEM-TAXES The following information is available for Hamilton Corporation for 2020: 1. Depreciation reported on the tax return exceeded depreciation reported on the income statement by $165,000....

The wave forms in FIGURE are observed on the inputs of a 74HC151 8-input multiplexer. Sketch the Y output waveform. FIGURE Select inputs Data inputs S $ Enable Do D D D3 D Ds D6 D U

Can we put that she will be making weekly payroll deductions inthe amount of $52.75 to the housing equalling $211.00 monthly

Entcomm, located in a small ex-industrial town near Glasgow, provides telecommunications and entertainment services for a large US multinational company. The call centre handles inquiries, billing,...

1 What do people talk about when they talk about careers? 2 On the basis of your answers above, construct a definition of career. Why do you think this is an appropriate definition at the present...

1. What do you consider the organizations culture to be? Either use your own words to describe this or relate your understanding of the culture to one of the models we have covered in this chapter,...

6. Which functions are controlled by the sympathetic nervous systempg109 Which are controlled by the parasympathetic nervous systempg109

2. What term means toward the side, away from the midline, and what is its oppositepg109

14. What are the functions of the prefrontal cortexpg109