The Likelihood of a Risk Occurring _____ as a Project

question 50

Multiple Choice

The likelihood of a risk occurring _____ as a project goes through its life cycle.

• A) increases
• B) decreases
• C) moderates
• D) amplifies
• E) becomes more probable

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Definitions:

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price.

Cycle Inventory

The average amount of inventory kept on hand to meet normal demand between the receipt of inventory deliveries.

Physical Inventory

The process of counting and verifying actual merchandise or stock in a business, usually for accounting accuracy and inventory management.

Supply Chain Profit

The total profit achieved by all members of a supply chain, from raw material suppliers to end retailers, through the production and sale of goods.