The _____ Lists the Relative Probability of a Risk Occurring

question 25

Multiple Choice

 The _____ lists the relative probability of a risk occurring and the relative impact of the risk occurring.

• A) Top Ten Risk Item Tracking chart
• B) requirements traceability matrix
• C) probability/impact matrix
• D) expectations management matrix

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Definitions:

Support Department

Units within an organization that provide essential services or support to the primary operations departments but do not directly participate in production activities.

Purchase Requisitions

Documents used within organizations to officially request the purchase of goods or services, usually for approval before a purchase order is issued.

Cost Driver

A factor that causes or influences the cost of certain activities to change, such as the number of units produced, hours worked, or material used.

Support Department

A division or unit within an organization dedicated to providing necessary services and support to the operational sectors, facilitating their functions.