quiz - Ch11 - Chapter 11 quiz and discussion questions...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 11 – quiz and discussion questions Project Risk Management Answers for Questions 1-3: a. risk-seeking c. risk-neutral b. risk-averse d. risk-indifferent 1. Utility rises at a decreasing rate for a(n) _____ person. 2. Those who are _____ have a higher tolerance for risk, and their satisfaction increases when more payoff is at stake. 3. A(n) _____ person achieves a balance between risk and payoff. Answers for Questions 4-9: a. Risk identification d. Quantitative risk analysis b. Risk management planning e. Risk monitoring and control c. Qualitative risk analysis f. Risk response planning 4. _____ involves deciding how to approach and plan the risk management activities for the project. 5. _____ involves prioritizing risks based on their probability and impact of occurrence. 6. _____ involves determining which risks are likely to affect a project and documenting the characteristics of each.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 3

quiz - Ch11 - Chapter 11 quiz and discussion questions...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online