Which Describes a Risk Effect

question 32

Multiple Choice

Which describes a risk effect?

• A) The uncertainty expressed as a negative or favourable occurrence
• B) The issue which is affecting the project and has resulted in a risk
• C) The impact(s) on the project objectives should the threat or opportunity occur
• D) The change in the status of a risk in response to actions taken to control it

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Definitions:

Moral Philosophies

The study of fundamental principles regarding right and wrong or good and evil as they apply to conduct and character.

Self-Interest

An individual's personal gain or advantage, often motivating their actions and decision-making processes.

Egoism

A theory that suggests individuals should act in a way that is most beneficial to themselves, prioritizing their own interests.

Teleological Philosophies

Ethical theories focused on the outcomes or goals of actions to determine their morality, essentially aligning with consequentialism but with broader applications.