To Verify the Quality of Secondary Data Information, It May

question 73

True/False

To verify the quality of secondary data information, it may be necessary to know how the data were collected, what the sampling plan was, what data collection method was used, and what degree of nonresponse was experienced.

Recognize various risk management strategies, including sharing, transfer, and mitigation.

Grasp the concept of project risk as an uncertain event affecting project objectives.

Acknowledge the complexity and risk levels associated with emerging technologies in projects.

Realize the importance and methods of conducting formal risk assessments in projects.

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Definitions:

External Attribution

The process of assigning the cause of one's own or others' behaviors to external factors or circumstances beyond the individual's control.

Illusory Correlation

The phenomenon of perceiving a relationship between variables (typically people, events, or behaviors) even when no such relationship exists.

False Uniqueness Effect

Refers to an individual's tendency to underestimate the commonality of one's abilities and one's desirable or successful behaviors.

Self-Fulfilling Prophecy

A prediction that ensures, by the behavior it generates, that it will come true.