The PRAM Step That Occurs While the Project Work Is

question 74

Multiple Choice

The PRAM step that occurs while the project work is being carried out is:

• A)Ownership.
• B)Identify.
• C)Focus.
• D)Manage.

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Definitions:

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Predictions about future economic activity, including trends in GDP, inflation, employment, and sales.

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The weighted average of all possible outcomes in a probability distribution, where each outcome is weighted by its probability of occurrence.

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A risk management strategy that mixes a wide variety of investments within a portfolio.