Ask Question
BusinessBusiness
1 December, 22:15

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at allA. TrueB. False

+2
Answers (1)
  1. 1 December, 22:37
    0
    TRUE

    Explanation:

    Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at all.

    The major reason for risk identification in risk analysis is to know if there are risks that will either cause the project to fail or erase all the potential benefits of the project.

    Risks that have been categorized as both high impact and high probability of occurrence will most likely cause a project to be terminated, or to fail if it is continued in spite of the risks identified.

    Such projects can only be performed if they somission critical and their impact and probability of occurrence can be reduced
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Citizenship roles and responsibilities entrepreneur can perform in the community
Answers (1)
Explain the four basic elements of all economic systems.
Answers (1)
On January 1, 20X1, Jennifer purchases common stock of Gamma Corporation for $100,000. During the year, Gamma Corporation stock pays a dividend of $3,000. At the end of the year, Jennifer sells the Gamma stock for $104,000.
Answers (1)
A bond with a face value of $100,000 was issued for $93,500 on January 1 of this year. The stated rate of interest was 8 percent and the market rate of interest was 10 percent when the bond was sold. Interest is paid annually.
Answers (1)
In a high rise 100-unit apartment building there is a basement laundry area that brings in $100 monthly from the concessionaire. the laundry income is:
Answers (2)
New Questions in Business
For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to
Answers (1)
Judy is a cash basis attorney. This year, she performed services in connection with the formation of a corporation and received stock with a value of $4,000 for her services. By the end of the year, the value of the stock had decreased to $2,000.
Answers (1)
Compute the average days in inventory ratio using the following information: Net sales is $200,000 for the year, cost of goods sold are $80,000, last year's total assets were $900,000, and this year's total assets are $1,100,000.
Answers (1)
You are the project manager of the BHY Project. Your project customer has demanded that the project becompleted by December 1. December 1 is an example of which one of the following? A. ConstraintB. AssumptionC. Project boundaryD.
Answers (1)
Harrison Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for 2017: 1. Retained Earnings, beginning balance, $142,000 2. Retained Earnings, ending balance, $122.000 3.
Answers (1)
Home » Business » Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at allA. TrueB. False
Sign Up Forgot Password?