____ Is a List of the Potential Outcomes If the Risk

question 65

Multiple Choice

____ is a list of the potential outcomes if the risk were to occur.

• A) The mitigation plan
• B) The priority order
• C) The impact of a risk
• D) The action trigger

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Definitions:

Systems Theory

An interdisciplinary study of systems in general, with the goal of elucidating principles that can be applied to all types of systems at all nested levels.

Empirically

Referring to knowledge or conclusions derived from observation, experimentation, or measurement rather than theory or pure logic.

Organizing

The act of arranging or structuring elements in a systematic way for efficiency and order.

Retrospective Sense Making

Weick’s view of how people construct rational accounts of organizational behavior after the fact—“how do I know what I think until I see what I say?”