Project Managers Can Identify Risks by Learning and Understanding the Cause

question 15

Multiple Choice

Project managers can identify risks by learning and understanding the cause and effect relationships that bear on risk events. All of the following approaches rely upon an understanding of cause and effect relationships to identify risks EXCEPT:

• A) develop a flow chart that shows how data flows from one person to another
• B) conduct a root cause analysis
• C) examine triggers that a risk is about to occur
• D) list all risks in a risk register

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Definitions:

Loan Issuer

An entity, such as a bank or financial institution, that provides loans to borrowers under agreed terms and conditions.

Debit Cards

A payment card that deducts money directly from a consumer's checking account to pay for a purchase, unlike credit cards which borrow money that must be repaid.

U.S. Mint

A bureau of the Department of the Treasury responsible for producing coinage for the United States.

Federal Reserve

The central banking system of the United States, responsible for implementing monetary policy, supervising banks, and providing financial services.