Simulation Techniques Are _____

question 11

Multiple Choice

Simulation techniques are _____.

• A) cheap to apply
• B) widely used
• C) mostly beneficial for large projects
• D) identical to sensitivity analysis

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Definitions:

Situational Risk

The risk of unfavorable outcomes arising from specific situations or environments.

Ambient Risk

The background level of risk in a given environment or situation, often beyond the immediate control of individuals.

Unnecessary Risk

A hazard or chance of adverse outcomes that could be avoided through careful planning or decision-making.

Field Notes

Written records made by researchers or practitioners during or after their observation of a specific phenomenon or social setting.