Question: Select the correct term for each statement below. Note: Answers may be used more than once - some answers may not be used at all.
Select the correct term for each statement below.
Note: Answers may be used more than once some answers may not be used at all.
A project is an uncertainty that can have a negative or positive effect on meeting project objectives.
An for a project is the series of activities that determine the earliest time by which the project can be completed.
An is a hierarchy of potential risk categories for a project.
An is a schematic display of the logical relationships among project activities and
their sequencing.
Duration estimates can be provided as a discrete number, a range, or as an
Risk refers to reducing the impact of a risk event by reducing the probability of its occurrence.
Potential problems that might occur on the project and how they might impede project success are risks.
Tasks in a WBS that are decomposed into smaller tasks are called tasks.
An is a list of risks that are low priority, but are still identified as potential risks.
Subdividing the project deliverables into smaller pieces is known as
Creating the involves subdividing the major project deliverables into smaller, more manageable components.
The is an estimate of the value of the physical work actually completed.
A
cost
B
critical path
C
earned value EV
D
acceptance
E
watch list
F
work breakdown structure WBS
G
decomposition
H
mitigation
I.
network diagram
J
time
K
negative
L
summary
M
Gantt chart
N
risk breakdown structure RBS
O
risk
P
threepoint estimate
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