An uncertain event or condition that, if it occurs, has a positive or negative effect on a project objectives is termed.

Related MCQs

• A clear hierarchy of objectives in the project definition would NOT normally contain:
• When classifying and ranking projects, which of the following refers to the extent to which the project is viewed as helping the organization achieve its strategic objectives and longterm goals?
• During which stage of Risk planning are modeling techniques used to determine overall effects of risks on project objectives for high probability, high impact risks?
• The cost impact of a risk event occurring as a project proceeds through its life cycle tends to
• In the initial stage of the project the probability of completing the project is____
• Resource requirement in project becomes constant while the project is in its _____ progress stage.
• Costs that are not directly related to the products or services of the project, but are indirectly related to performing the project.
• Assembling project team and assigning their responsibilities are done during which phase of a project management?
• How the project work will be carried out, monitored, and controlled? These questions are answered in which phase of the project management?
• Resorce requirement in project becomes constant while the project is in its _____ progress stage.