You Are the Project Manager of the GHG Project

question 50

Multiple Choice

You are the project manager of the GHG project. You are preparing for the quantitative risk analysis process. You are using organizational process assets to help you complete the quantitative risk analysis process. Which one of the following is NOT a valid reason to utilize organizational process assets as a part of the quantitative risk analysis process?

• A) You will use organizational process assets for risk databases that may be available from industry sources.
• B) You will use organizational process assets for studies of similar projects by risk specialists.
• C) You will use organizational process assets to determine costs of all risks events within the current project.
• D) You will use organizational process assets for information from prior similar projects.

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Definitions:

Wage Rate

The amount of compensation an employee receives per hour of work.

Diamond Cutters

Skilled professionals who cut and shape diamonds to enhance their value and beauty.

Supply

The total amount of a product or service available for purchase at any given price, determined by factors like production capacity and market demand.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a specific price level, holding all other factors constant.