Risk Must Be Considered in the _____ Phase and Weighed

question 11

Multiple Choice

Risk must be considered in the _____ phase and weighed against the potential benefit of the project's success in order to decide if the project should be chosen.

• A) completion
• B) closeout
• C) execution
• D) planning
• E) initiation

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Definitions:

Resources

Resources refer to the stock of materials, energy, services, and other assets that can be drawn upon by a person or organization to function effectively.

Growth Capacity

The potential of an entity or environment to expand, increase, or develop further, often measured in terms of productivity or population.

Environment Capacity

The maximum population size of a species that the environment can sustain indefinitely, given the food, habitat, water, and other necessities available in the environment.

Supply Of Resources

The availability or provision of natural, economic, or human elements necessary for production or survival.