Suppose the impact of a risk is judged to be serious, but the likelihood of it happening is judged to be very small; (circle all that apply) :
A) If the computed expected value consequence is small, the risk can be ignored.
B) The risk should be taken seriously.
C) If the computed expected value consequence is lower than others in the project, it should be addressed only if time and funds allow.
D) A different opinion should be sought that would yield a reduced or not severe impact.
Correct Answer:
Verified
Q9: Risk likelihood is (circle all that apply):
A)
Q10: When applying a design margin, the target
Q11: A system prototype is (circle all that
Q12: Risk management includes (circle all that apply):
A)
Q13: Circle all that are true:
A) the MAXIMAX
Q15: Statement: A project is considered risky only
Q16: Statement: An "acceptable level of risk" in
Q17: Statement: The analogy technique for identifying risks
Q18: Statement: A risk symptom is a visible,
Q19: Statement: A risk in which the expected
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