Risks Are Prioritised Based on

question 31

Multiple Choice

Risks are prioritised based on

• A)the likelihood of occurrence and degree of impact.
• B)the order they are identified.
• C)the gut feeling of the project team.
• D)the priorities set in a different project.

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Definitions:

Bias

A personal leaning or inclination.

Bias

A tendency to favor or lean towards a particular perspective, group, or thing, often in a way that is considered to be unfair or based on preconceived notions.

Ethical Practices

Actions and behaviors that are considered morally right and acceptable within a professional or personal context.

Research

The methodical exploration and analysis of materials and sources to discover truths and derive fresh insights.