____ Contains the Steps for How to Mitigate the Risk

question 66

Multiple Choice

____ contains the steps for how to mitigate the risk if it should occur during the project.

• A) The action trigger
• B) The response plan
• C) The mitigation plan
• D) The degree of impact

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Definitions:

Seasonal Effect

A pattern observed in time-series data where changes occur at regular intervals due to seasonal factors.

Delphi Method

A structured communication technique, originally developed as a systematic, interactive forecasting method which relies on a panel of experts.

Comparative Analysis

The process of comparing two or more items, such as data sets, statistical results, or models, to identify their similarities and differences.

Simple Exponential Smoothing Model

A forecasting technique that applies smoothing constants to previous observations, typically used for time series data without trend or seasonality.