Which Describes a Risk Event

question 10

Multiple Choice

Which describes a risk event?

• A) The area of uncertainty in terms of the threat or opportunity
• B) The derivation or sources of a potential risk to the project
• C) The achievement of a milestone on the Project Plan
• D) The sequence of events and actions that will be put in place if a risk occurs

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Definitions:

Larger Environment

The broader context or setting, including natural, social, economic, and political factors, that influences or shapes the actions and outcomes of individuals or organizations.

Size Advantage

The benefits gained by organizations or entities due to their larger scale of operations, resources, or market presence compared to competitors.

Dominant Culture

The culture of the most powerful group in society, which often sets norms, values, and expectations that are broadly shared.

Shared Actions

Activities or tasks undertaken collaboratively by a group or community with a common goal or purpose.