You Are the Project Manager of the NNQ Project for Your

question 183

Multiple Choice

You are the project manager of the NNQ Project for your company and are working you're your project team to define contingency plans for the risks within your project. Mary, one of your project team members, asks what a contingency plan is. Which of the following statements best defines what a contingency response is?

• A) Some responses are designed for use only if certain events occur.
• B) Some responses have a cost and a time factor to consider for each risk event.
• C) Some responses must counteract pending risk events.
• D) Quantified risks should always have contingency responses.

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Definitions:

Adrenocorticotrophic Hormone

A hormone produced by the anterior pituitary gland that stimulates the production and release of cortisol from the adrenal gland.

Cortisol

A steroid hormone produced by the adrenal glands, often released in response to stress and low blood-glucose concentration.

Interpersonal Conflict

A situation in which two or more people in an interaction perceive incompatible goals or interference in achieving their objectives.

Approach-Avoidance Conflict

A psychological conflict occurring when a goal is both attractive and undesirable at the same time, creating internal emotional tension.