An Easy Method of Evaluating Risk in Certain Situations by Modifying

question 3

Multiple Choice

An easy method of evaluating risk in certain situations by modifying project parameters and evaluating the corresponding changes is __________.

• A)Monte Carlo simulations
• B)risk mitigation
• C)project budgeting
• D)risk analysis

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Definitions:

Psychological Reactance

A behavioral response to perceived threats to one’s autonomy, often resulting in opposition to being controlled.

Boomerang Effect

A situation where the opposite of the intended effect occurs, especially in a social or psychological context, such as when trying to persuade results in resistance.

Negative Attitude Change

The process by which an individual's positive feelings about an object, person, or idea shift to become more negative.

Public Compliance

Involves outwardly conforming to the norms or behaviors of a group while privately maintaining personal dissent or disagreement.