The Primary Questions Project Teams Use in Qualitative Risk Analysis

question 44

True/False

The primary questions project teams use in qualitative risk analysis are "how likely is this risk to happen?",and "if it does happen,how big will the impact be?" 

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Definitions:

High-Level Performance

Refers to achieving superior outcomes or results in a particular activity, task, or process, often exceeding standard expectations.

European Economic Community

A regional organization aimed at integrating the economies of its member countries, a precursor to the European Union.

Supply Chain Complexity

The degree of intricacy and interconnectivity in a supply chain, influenced by factors like number of products, geographical spread, and variability in demand.

SKUs

Stock Keeping Units, unique codes assigned to products to identify them, often used for inventory management.