Which Describes Risk Impact

question 99

Multiple Choice

Which describes risk impact?

• A) Timeframe within which the risk might occur
• B) The trigger that occurred giving rise to the risk
• C) The effect of the risk on the delivery of project objectives
• D) How likely the risk is to occur in a given project situation

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Definitions:

Useful Life

Useful life is the estimated duration a fixed asset is expected to be economically usable, affecting its depreciation calculation and financial planning.

Injection Mold

A manufacturing process in which molten material is injected into a mold to produce parts or products of specific shapes and sizes.

Value-based Pricing

A pricing approach that sets the cost of a product or service according to its perceived worth to the consumer, rather than the expenses involved in its creation.

Preventive Maintenance

Scheduled maintenance on equipment or systems aimed at preventing unexpected failures or extending their life.