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.
-
A(n)_____ for a project is the series of activities that determine the earliest time by which the project can be completed.
-
A(n)_____ is a hierarchy of potential risk categories for a project.
-
A(n)_____ 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 a(n)_____.
-
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.
-
A(n)_____ 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.
three-point estimate

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