Proactive Project Managers

question 31

Multiple Choice

Proactive project managers:

• A) do not consider risks.
• B) prefer to be optimistic.
• C) will develop elaborate risk management programs for their projects.
• D) are more confident in their ability to handle unexpected events without prior planning.
• E) avoid taking risks whenever possible.

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Definitions:

Cash Receipts

The collection of money, including coins, currency, checks, and electronic transfers, received by a business or organization.

Default Risk

The possibility that a debtor will fail to fulfill their financial liabilities as agreed upon.

Financial Ratios

Financial ratios are quantitative measures derived from financial statement analysis to evaluate the financial performance, condition, and valuation of a company.

Loan Decision

The process undertaken by lenders to determine whether to make funds available to borrowers under certain terms.