Project Risk Management Can Be Broken Down into Five Major

question 8

Multiple Choice

Project risk management can be broken down into five major stages. These are planning, identification, analysis, monitoring and control and ______________________?

• A) Recovery
• B) Response
• C) Constraints
• D) Compliance

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Definitions:

Defalcation

Refers to the misappropriation of funds or embezzlement by a person entrusted with their care but not necessarily fraud.

False Entries

The intentional act of entering incorrect or misleading information into records or documents, often for fraudulent purposes.

Investment Swindle

A fraudulent scheme designed to deceive investors into giving money on the premise of receiving significantly higher returns.

Ponzi Scheme

A fraudulent investing scam promising high rates of return with little risk to investors, which generates returns for earlier investors by acquiring new investors.