Which of the Following Is an Approach to Managing the Risk

question 15

Multiple Choice

Which of the following is an approach to managing the risk that a contractor may not complete a complex project properly?

• A)Require the contractor to operate it for a while to demonstrate everything is functioning as it should.
• B)Award the same project to multiple contractors to improve the chances that one of the contractors will successfully finish the project.
• C)Guarantee that key employees from the contractor will have high-paying jobs with the primary company on successful completion of the contract.
• D)Recruit personnel on behalf of the contractor to ensure that high-quality resources are deployed in the project.

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Definitions:

Personal Gain

The benefit or advantage to an individual, usually in a selfish or unethical context.

Institutional Time

The duration or scheduling specific to the proceedings, routines, or operations of an institution.

Ethical Problem

A situation or issue that presents a moral dilemma, often requiring a choice between options that are judged to be ethically right or wrong.

Capital Punishment

The sanctioned execution of an individual by the state as retribution for committing a crime, commonly known as capital punishment.