You Are the Project Manager for Your Organization

question 110

Multiple Choice

You are the project manager for your organization. You are working with your project team to complete the qualitative risk analysis process. The first tool and technique you are using requires that you assess the probability and what other characteristic of each identified risk in the project?

• A) Risk owner
• B) Risk category
• C) Impact
• D) Cost

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Definitions:

Precious Resource

A highly valuable and often limited asset or commodity that is important for the economy or environment, such as gold, water, or clean air.

Small Business

A privately owned company with fewer employees and less annual revenue compared to regular-sized businesses, playing a crucial role in the economy.

Quality Employees

Workers who consistently perform at a high level of competency and productivity, contributing positively to the organization’s goals.

Eustress

Positive stress which results from motivating challenges and leads to improved performance.