Risk should be assessed based on

Assignment Help Operation Management

Reference no: EM131437225

1. Risk should be assessed based on:

a. Probability and impact

b. Stakeholder priority

c. Scope management approvals

2. Risk is:

a. An uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives

b. A certain event, with no resolution that may impact the success of the project

c. Modifications to the originally agreed project charter

d. The mitigation of negative events

3. A Decision Tree can be used to determine:

a. The mitigation and related contingency plan

b. The cost of risk mitigation

c. Which option is most likely to have the best result

d. The net gain of the risk return

Reference no: EM131437225

Questions Cloud

Discuss the characteristics and features of a multinational : Choose an organisation that manufactures a consumer product of your choice. Write an essay of 1000 words explaining and evaluating the international marketing methods of that organisation.With reference to the above task you need to consider the fo..

What was the direct labour rate variance : Try flexing the june budget, comparing it with the original june budget, and so find the sales volume variance.

Purchase for the enviromentally minded consumer : Are organically produced horticultural crops a wise purchase for the enviromentally minded consumer? Please throughouly explain your answer and reasoning. (Include references and citations)

Introduction of biology : "Introduction of Biology" If you were to speak with a friend considering taking this course, describe how would you "sell" it to him or her. Explain your rationale.

Risk should be assessed based on : A Decision Tree can be used to determine: Risk should be assessed based on:

Prokaryotic and eukaryotic genes : What are all the features of prokaryotic and eukaryotic genes?

Describe the pathophysiology of hyperthyroidism : Describe the pathophysiology of hyperthyroidism. Explain the signs/symptoms you would expect this patient to manifest and correlate them with the pathophysiology you described. Provide details of the tests done to confirm the diagnosis of hyperthy..

Compute the cost rate for the system with servers : Hilton Garden Inn in Atlanta needs to decide whether to have 2 or 3 operators answering calls from customers and hotel guests. The hourly wage of a customer service representative is $30. Compute the cost rate for the system with 2 and 3 servers and ..

Jellies have sensory organs encircling the bell of the medus : Jellies have sensory organs encircling the bell of the medusa. Why would it be advantageous for jellies to have it? Compare tapeworm and planarian anatomy in relation to their lifestyles (especially consider the proglottids, anterior structures, an..

User Account

All Pages