_____ Are/is a Qualitative Risk Analysis Tool That Maintains an Awareness

question 33

Multiple Choice

_____ are/is a qualitative risk analysis tool that maintains an awareness of risks throughout the life of a project in addition to identifying risks.

• A)SharePoint portal
• B)Probability/impact matrices or charts  
• C)Expectations management matrix
• D)Top Ten Risk Item Tracking

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Definitions:

Programmed Decision

involves using established procedures or rules to address recurring problems or situations, facilitating consistency and efficiency in decision-making.

Escalation of Commitment

The phenomenon where people continue to invest in a decision or project despite evidence of its failure, often due to pride or fear of loss.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions, often leading to innovative outcomes.

Programmed Decision

A decision-making process that follows a set of established procedures or rules, often used for routine and repetitive decisions.