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1. When developing risk mitigation plans, one should:

a) Be sure to plan for every possible thing that could go wrong.

b) Have a single person develop all risk scenarios .

c) Always use buffers as the primary risk mitigation technique.

d) Select mitigation plans that give the highest level of prevention or protection at the lowest investment.

2. A method for estimating the impacts of uncertainty on project tasks is:

a) Rule of thumb estimates.

b) Best case estimates.

c) Probabilistic task duration estimates.

d) Risk weighted estimates.

3. Which of the following is NOT a good reason to terminate (kill) a project?

a) Consistent budget and schedule overruns.

b) Changing organizational priorities.

c) Uncertainty regarding the project’s outcomes.

d) Wrong resources assigned to the project.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93133314

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