Evaluating the Seriousness of the Risk and the Likelihood It

question 44

Multiple Choice

Evaluating the seriousness of the risk and the likelihood it will affect the project.

• A) Risk monitoring and control
• B) Risk identification
• C) Qualitative risk analysis
• D) Quantitative risk analysis
• E) Risk response planning

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Definitions:

Severance Pay

A compensation package offered to an employee by an employer upon termination of employment, often based on length of service.

Permanently Laid Off

A situation where an employee is dismissed from their job without the expectation of being rehired, often due to organizational restructuring or economic downturns.

Registered Retirement Savings Plans

A type of Canadian account for holding savings and investment assets, aimed at savings for retirement.

Accumulate Tax-Free

The process of earning or saving money without having to pay taxes on the gains, usually within specific investment accounts or schemes.