Risk Is a Measure of the Probability and Consequences of Not

question 55

True/False

Risk is a measure of the probability and consequences of not reaching a defined project goal.

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Definitions:

Seven Years' War

A global conflict that took place between 1756 and 1763, involving most of the great powers of the time and affecting Europe, North America, Central America, the West African coast, India, and the Philippines.

Amicable Relations

Friendly and peaceful relations or interactions between individuals, groups, or nations.

New England Colonists

Early European settlers of the northeastern region of the United States, known for their role in establishing some of the first English colonies.

Acadia

A historical region in North America, mainly encompassing parts of present-day provinces of Nova Scotia, New Brunswick, and Quebec, known for its early French colonial history.