The Project Team Toiled Long into the Night to Develop

question 16

Multiple Choice

The project team toiled long into the night to develop consequence of failure scores and probability of failure scores as indicated below.What is the overall risk factor for the project? $$\begin{array} { | l | l | l | l | } \hline \text { Maturity } & 0.7 & \text { Cost } & 0.4 \\\hline \text { Complexity } & 0.6 & \text { Bchedule } & 0.6 \\\hline \text { Dependency } & 0.8 & \text { Reliability } & 0.8 \\\hline & & \text { Performance } & 0.9 \\\hline\end{array}$$

• A)Less than or equal to 0.7
• B)Greater than 0.7 but less than or equal to 0.8
• C)Greater than 0.8 but less than or equal to 0.9
• D)Greater than 0.9

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Definitions:

Overhead

Refers to the indirect costs required to operate a business, such as rent, utilities, and administrative expenses, not directly tied to the production process.

Controllable Costs

Expenses that a manager or business can influence or manage through decisions and actions.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, showcasing the profitability of a company.

Investment Center

A division or unit within a company for which the manager has control over costs, revenues, and investments, and is responsible for generating a return on the assets employed.