One Phase of the Project Risk Analysis and Management Program

question 62

Multiple Choice

One phase of the project risk analysis and management program is concerned more with the project than the management of risk.The latter is facilitated by successful completion of this step,but not the focal point.This phase in the project risk analysis and management program is:

• A)Estimate.
• B)Define.
• C)Focus.
• D)Manage.

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Definitions:

Fair Trade Act

Legislation aimed at ensuring producers in developing countries are paid fair prices for their goods.

Consumerism

An economic and social system that promotes the continuous increase in purchasing and consuming goods and services.

Grassroots Movement

A movement driven by the politics of a community. It's built from the bottom up, demanding change or action from the wider society.

Consumer Product Safety Act

A United States federal law, enacted in 1972, that establishes guidelines and authority to regulate the safety of consumer products.