The Cost Impact of a Risk Event Occurring as a Project

question 56

Multiple Choice

The cost impact of a risk event occurring as a project proceeds through its life cycle tends to

• A)Slowly rise.
• B)Drop sharply and then level out.
• C)Rise sharply and then level out.
• D)Remain about the same.
• E)Slowly drop.

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Definitions:

Investment Banker

A professional who works in the financial sector, dealing with the creation of capital, advising on mergers and acquisitions, and market trading.

Mechanical Engineer

A professional who designs, develops, builds, and tests mechanical devices, including tools, engines, and machines.

Societal Expectations

Norms and standards that society imposes on individuals, dictating how they should behave, appear, or live to be accepted.

Always Will Be

An expression denoting something that remains unchanged over time.