Which of the Following Risk Strategies Prevents a Risk from Impacting

question 100

Multiple Choice

Which of the following risk strategies prevents a risk from impacting a project?

• A) Accept risk
• B) Mitigate risk
• C) Avoid risk
• D) Transfer risk

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Definitions:

Dispatching Rules

Guidelines used in production control to determine the priority in which jobs should be processed on manufacturing resources.

FCFS

First-Come, First-Served, a scheduling policy that serves clients or processes in the order they arrive.

Sequencing

Determining the order in which jobs should be done at each work center.

Jobs

Tasks or pieces of work, especially those that are paid.