As the Project Progresses into the Execution Phase, _____

question 27

Multiple Choice

As the project progresses into the execution phase, _____.

• A) risks need to be checked off on activities that have been performed
• B) the total risk on the project typically increases
• C) risks are identified with each major group of activities
• D) a risk response plan can be used to identify increasing levels of detailed risk analysis
• E) the risk breakdown structure needs to be examined to be sure all the risk events have been avoided

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of all final goods and services produced within a country's borders in a given time period with constant prices.

Growth Rates

The percentage change of a specific variable within a specific time period, indicating the rate of expansion or decline.

Standard Of Living

A level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a geographic area.

Real GDP Per Person

Gross Domestic Product adjusted for inflation and divided by the total population; a measure of the economic output per resident.