Project Risk

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You have been hired as a project manager for a small local bank. The banks wants...
Posted by:
Muhammad Farooq
14-February-2019

A.1) is the probability of each risk event minus the sum of the consequences of potential risk

events. or2) cannot be quantified for first time projects.

B. is the probability of each risk event minus the sum of the consequences of potential risk events.

C. should not be calculated for small projects.

D. is the cumulative effect of uncertain occurrences which will adversely affect project objectives.

E. cannot be quantified for first time projects.

Project Strategy Risk Management

Question ajoutée par Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date de publication: 2017/05/12

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par Utilisateur supprimé

I think the answer would be D

D. is the cumulative effect of uncertain occurrences which will adversely affect project objectives.

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par harish kumar , Customer Service Officer , icici bank

The identification, analysis, assessment, control, and avoidance, minimization, or elimination of unacceptable risks. An organization may use risk assumption, risk avoidance, risk retention, risk transfer, or any other strategy (or combination of strategies) in proper management of future events.

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