What is the purpose of using tools such as a risk assessment form and a risk severity matrix?
Fill in the blank(s) with the appropriate word(s).
Answer will vary
These tools are used to assess risk. After risk identification there are many risks that are trivial and can be ignored. The risk assessment form and risk severity matrix help assess the probability of the event occurring and the impact of the event on the project. After assessment, responses are developed only for risks that pose serious threats to the welfare of the project.
You might also like to view...
ACE has a defined benefit pension plan. ACE is preparing the December 31, 2015 financial statement disclosures related to the plan assets. It should disclose which of the following? I. Expected Return on Plan Assets II. Actual Return on Plan Assets ?
A) I B) II C) both I and II D) neither I nor II
Websavvy paid the electric and gas bill for the month in the amount of $325 . What is the entry to record this transaction?
a. debit to Utilities Expense, $325; debit to Accounts Receivable, $325 b. debit to Cash, $325; credit to Utilities Expense, $325 c. debit to Accounts Receivable, $325; credit to Utilities Expense, $325 d. debit to Utilities Expense, $325; credit to Cash, $325
Millennials represent roughly ________ of the population, and ________ in annual buying power.
A. 10 percent; $100 billion B. 75 percent; $1 trillion C. 35 percent; $1 trillion D. 60 percent; $1 trillion E. 25 percent; $200 billion
Describe the Pollution Prevention Act of 1990
What will be an ideal response?