Technical Risk Is the Probability That the Project Will Not

question 46

True/False

Technical risk is the probability that the project will not perform to the required standards or produce substandard products or have excessive operating cost consumption.

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Definitions:

Decreased By

A mathematical operation indicating subtraction or reduction in quantity or amount.

Decrease

A decrease refers to a reduction in size, number, value, or amount of a particular item or entity over time.

Percent Less

A term used to indicate a reduction in amount or rate by a specified percentage.

Increased By

A term describing how an amount is made larger or expanded in size, volume, number, or extent.