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Project Risk _ .?

A.1) is the probability of each risk event minus the sum of the consequences of potential risk

events. or2) cannot be quantified for first time projects.

B. is the probability of each risk event minus the sum of the consequences of potential risk events.

C. should not be calculated for small projects.

D. is the cumulative effect of uncertain occurrences which will adversely affect project objectives.

E. cannot be quantified for first time projects.

Project Strategy Risk Management
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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2017/05/12
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Deleted user
by Deleted user

I think the answer would be D 

D. is the cumulative effect of uncertain occurrences which will adversely affect project objectives.

harish kumar
by harish kumar , Customer Service Officer , icici bank

The identification, analysis, assessment, control, and avoidance, minimization, or elimination of unacceptable risks. An organization may use risk assumption, risk avoidance, risk retention, risk transfer, or any other strategy (or combination of strategies) in proper management of future events.

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