The Probability That Funds Allocated to the Project Will Be

question 31

Multiple Choice

The probability that funds allocated to the project will be insufficient to complete it is:

• A)technical risk.
• B)cost estimate risk.
• C)financing risk.
• D)operating risk.

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Definitions:

Rules And Procedures

Established guidelines and systematic methods designed to regulate behavior and facilitate the operation of organizations.

Collective Efficacy

Shared beliefs that a team can successfully perform a given task.

Team Cohesiveness

The extent to which members of a group are bonded, leading to a strong sense of solidarity and commitment towards collective goals.

Team Goal Setting

The process of establishing objectives within a team to direct members toward a common purpose or outcome.