All of the Following Criteria Can Be Used to Categorize

question 7

Multiple Choice

All of the following criteria can be used to categorize project risks EXCEPT:​ 

• A) whether the risk is a known known 
• B) the project objective that may be impacted by the risk (cost, schedule, scope and / or quality) 
• C) whether the risk is internal or external to the performing organization 
• D) when it occurs in the project life cycle 

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Definitions:

Long-Run Equilibrium

A state in a market where all adjustments have been made and all inputs, including physical capital and labor, can be varied to reach an optimal output level.

Short-Run Equilibrium

The state in which the quantity supplied equals the quantity demanded within a short time frame, often with some factors held constant.

Economic Loss

The monetary value of the decrease in welfare or trade-offs resulting from an economic transaction or decision, beyond just the physical loss.

Product Differentiation

The strategy of setting a product or service apart from others in the industry to enhance its attractiveness to a specific target group.