The Number of New or Unexpected Problems or Situations That

question 27

Multiple Choice

The number of new or unexpected problems or situations that a person or function encounters in performing tasks or jobs is task

• A)volatility.
• B)predictability.
• C)analyzability.
• D)variety.

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Definitions:

Heuristics

Mental shortcuts or rules of thumb that simplify decision making by reducing complex problem-solving to simpler judgment processes.

Cost-benefit Impact

An assessment that compares the costs involved in an action to the benefits derived from it, used to determine its overall value and feasibility.

Escalating Cost Impact

The effect of costs increasing over time, often spiraling beyond original estimates, generally due to poor planning, scope creep, or unforeseen circumstances.

Satisficing

A decision-making strategy that involves searching for and choosing an acceptable or satisfactory response to a problem or scenario, rather than an optimal solution.