Risks May Change as the Project Progresses and Should Be

question 23

Multiple Choice

Risks may change as the project progresses and should be reflected in

• A)the risk assessment matrix.
• B)the action trigger point.
• C)the risk response plan.
• D)the risk management strategy.

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Definitions:

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage, or described in terms of such damage.

Equivalent Interest Rate

A rate that represents the annual interest yield of an investment or loan, taking into account the effects of compounding.

Nearest 0.01%

Measurement or calculation precision to the hundredth of a percent.

Equivalent Interest Rate

The interest rate that gives the same compounded financial outcome as other rates calculated over different time periods.