This Is an Estimation of the Likelihood That the Risk

question 19

Multiple Choice

This is an estimation of the likelihood that the risk will materialize and affect the project.

• A) Mitigation
• B) Consequence
• C) Probability
• D) Elimination

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Definitions:

Implied Partnership

A partnership arrangement that is not formally expressed but is inferred from the conduct, relationship, and actions of those involved, indicating a mutual business operation.

Court Liability

The potential obligation or requirement for a party to respond to or remedy a situation as determined by a court decision.

Alleged Partner

is a term used to describe someone who is claimed or said to be a partner in a business or venture, often without formal proof.

Ownership of Property

The legal right or title to possess, use, and control an asset or property.