Risk Response Strategy Decisions Should Reflect a Thorough Understanding of the Priorities

question 38

True/False

Risk response strategy decisions should reflect a thorough understanding of the priorities that key stakeholders have for cost,schedule,scope,and quality.

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Definitions:

Rational

Based on or in accordance with reason or logic.

Logical

Pertaining to or characterized by clear, sound reasoning and thought processes.

Analytic

Pertaining to or proceeding by analysis (opposed to synthetic), involving the separation of a whole into its component parts to examine or determine their nature and relationship.

Systemic Solutions

Approaches to problem-solving that address the fundamental structure or underlying issues in a system, rather than only treating symptoms.