_____ Represents the Likelihood That an Event Will Happen During

question 41

Multiple Choice

_____ represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.

• A) Scope creep
• B) Risk
• C) Float
• D) Rough order of magnitude
• E) Slack

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Definitions:

Corporate Executives

Senior management or high-level officers in a corporation who are responsible for making company-wide decisions.

Bonuses

Additional financial compensation awarded to employees or individuals beyond their normal earnings.

Cost Centers

Departments or segments within an organization that do not directly generate revenue but incur costs, such as human resources or research and development.

Profits

The financial gain made in a transaction or business operation after accounting for all expenses.