Which of the Following Is NOT True About Project Risk

question 36

Multiple Choice

Which of the following is NOT true about project risk?

• A) Risk exists on all projects.
• B) The likelihood that all the potential events identified in the risk analysis will occur is very high.
• C) The type and amount of risk varies by industry type, complexity, and phase of the project.
• D) People have different comfort levels with risk, and some members of the project team will be more risk averse than others.
• E) Many industries or companies have risk checklists developed from past experience.

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Definitions:

Mail

The system of transporting documents and other small packages through an organization dedicated to this task, traditionally utilizing physical delivery but also electronic means.

Revocation

The act of withdrawing, cancelling, or annulling something previously granted, such as a contract, offer, or license.

Offer

A proposal made with the intent that, if accepted, it will become a legally binding agreement.

Revocation

The act of officially canceling or withdrawing something, such as a law, right, or offer.