Risk Assessment Derived from WBS and Technical Analyses and Customer

question 93

Multiple Choice

Risk assessment derived from WBS and technical analyses and customer input is in place occurs in which of the following Maturity Model Levels?

• A) Ad Hoc Project Management
• B) Formal Application of Project Management
• C) Institutionalization of Project Management
• D) Management of Project Management System
• E) Optimization of Project Management System

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Definitions:

Economic Sense

The rationality or logic underlying financial decisions or policies.

Leisure Time

is time free from work or duties, allowing individuals to engage in recreational activities or rest.

Industrial Productivity

A measure of the efficiency of industrial production, typically evaluated as the output of goods produced by a sector per unit of labor or capital.

Technologies

The application of scientific knowledge for practical purposes, especially in industry and everyday life.