The Process of Defining How to Conduct Risk Management Activities

question 25

True/False

The process of defining how to conduct risk management activities for a project is known as Project Risk Absorption Methodology (PRAM).

---

Definitions:

Rewards or Punishments

Incentives or consequences used to influence behavior and encourage compliance with rules, norms, or expectations.

Organic Solidarity

A concept in sociology that describes a form of social cohesion that arises from the interdependence of individuals in advanced, industrial societies.

Role Differentiation

The process by which a society or group divides and specializes roles based on characteristics such as sex, age, occupation, or skill.

Unity

The state of being united or joined as a whole, especially in a political context.