The Process That Allows Project Managers to Balance Operational and Economic

question 62

Multiple Choice

The process that allows project managers to balance operational and economic costs of protective measures to achieve project success best defines

• A)risk identification.
• B)risk assessment.
• C)risk avoidance.
• D)risk management.

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Definitions:

Place Utility

The value added to products by having them available at the place where they are needed or desired by consumers.

Made-To-Order PCs

Computers that are custom built to customer specifications, allowing for personal choice in components and specifications.

Marketing Channel

A collection of procedures or actions required for the transition of goods ownership from the production site to the consumption location.

Dell Computer

An American multinational technology company that develops, sells, repairs, and supports computers and related products and services.