Waiting for unfavourable events to occur and then reacting to them
A) is part of a well-designed response plan.
B) reflects much planning and consideration of consequences.
C) is a cost saving measure by not planning.
D) can result in panic and costly responses.
Correct Answer:
Verified
Q2: Historical information from past projects is another
Q3: Some level of risk planning should be
Q4: A risk is an uncertain event that,
Q5: Risk management involves identifying, assessing, and responding
Q6: involves identifying, assessing, and responding to project
Q8: includes taking action to prevent or minimise
Q10: Managing risk includes taking action to foster
Q12: Addressing risks will increase the chances of
Q14: Waiting for favourable events to occur and
Q15: With knowledge of potential risks, the contractor
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