Behavioral Approaches for Dealing with Project Risk

question 45

Multiple Choice

Behavioral approaches for dealing with project risk

• A) explicitly recognize project risk.
• B) are used to get a feel for project risk.
• C) are used both to get a feel for project risk and also explicitly recognize project risk.
• D) none of the above.

---

Definitions:

Operating Activities

Encompasses the revenue-generating activities of a business, including production, sales, and delivery of the company's product, as well as day-to-day operations.

Statement Of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, dividing cash flows related to operating, investing, and financing activities.

Cost Of Goods

The total expense directly associated with producing goods for sale, including material and labor costs.

Cash Paid

The actual outflow of cash from a company to settle obligations, such as paying for goods, services, or expenses.