Use the Failure Probability and Consequence Scores Shown in the Table

question 7

Multiple Choice

Use the failure probability and consequence scores shown in the table to determine the overall risk factor for the project. Based on your analysis, the overall project has a:

• A) low risk.
• B) medium risk.
• C) high risk.
• D) unacceptable risk.

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Definitions:

Policy Arena

The sphere or context within which policy debates, decision-making, and implementation occur, involving various stakeholders like governments, organizations, and the public.

Government Funding

Financial resources provided by the government for a specific purpose, such as research, project development, or to support a non-profit organization.

Self-actualized

The accomplishment or attainment of an individual's abilities and potentials, viewed as an innate desire or requirement in all people.

Motives

Internal states that prompt goal-directed behavior, driving individuals to fulfill their needs and desires.