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Good project graphic displays result in: a. Cutting project costs b. Eliminating

ID: 452394 • Letter: G

Question

Good project graphic displays result in:

a. Cutting project costs

b. Eliminating idle time

c. Obtaining better control of subcontractors

d. Expediting planning

e. All of the above

The process of conducting an analysis to determine the probability of risk events and the consequences associated with their occurrence is known as:

a. Risk identification

b. Risk response

c. Lessons learned or risk control

d. Risk quantification

e. None of the above

The goal of applying the principles of risk management to a project is to:

a. Eliminate all project risks

b. Significantly reduce project risks

c. Always reduce the cost of completing the project

d. Always reduce the time required to complete the project

e. All of the above

Explanation / Answer

1-D-all the above

2-Risk Quantification-D

3-B-significantly reduce risks

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