One Phase of the Project Risk Analysis and Management Program

question 29

Multiple Choice

One phase of the project risk analysis and management program is concerned more with the project than the management of risk.The latter is facilitated by successful completion of this step,but not the focal point.This phase in the project risk analysis and management program is:

• A)estimate.
• B)define.
• C)focus.
• D)manage.

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Definitions:

Successful Entrepreneurs

Individuals who have achieved their business goals, often leading to the creation of profitable and sustainable businesses.

Emergence

The process of coming into view or becoming exposed after being concealed or the process by which complex systems and patterns arise out of a multiplicity of relatively simple interactions.

Entrepreneurial Leadership

A style of leadership that combines traditional leadership qualities with the risk-taking and innovative approach of entrepreneurship.

Competencies

The skills, knowledge, and abilities that enable an individual or organization to perform effectively.