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Q: In order to be successful in acquisition management SCHEDULE risk factors must be assessed?
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What are Successful acquisition management is more likely when the following risk factors are assessed and addressed?

Cost, schedule, and performance


What is the intersection of the assessed?

assessment


What is the intersection of the assessed probability and severity of a hazard called in the CRM process?

The intersection of the assessed probability and severity of a hazard is the Risk Level.


What is the intersection of the assessed probabilty and severity of a hazard called in the CRM process?

risk level


What are the major components of the risk management process and what happens in each stage?

The five major components of the risk-management process are: 1. Identifying sources of risk - The process of determining which risks might affect the project and documenting their characteristics. 2. Analyzing and assessing risk - This component of the risk-management process is intended to quantify (analyze) and prioritize (assess) the risks identified. Those risks that have a combination of a high probability of occurrence and a high consequence of loss have to be addressed in project planning and execution of the project work. 3. Responding to risk - Once a risk has been identified, analyzed, and assessed, a decision must be made concerning the appropriate response to the specific event. Responses to risk are: Reducing or retaining risk, Transferring risk, or Sharing risk. 4. Planning for contingencies - A contingency plan is an alternative or backup plan that is to be put into action if a possible foreseen risk event materializes and becomes a reality. Contingency plans typically cover schedule, cost, and technical (or scope) risks. Some examples of these risks and conceptual contingency plans to handle the risk events are: Schedule risk, Cost risk, Technical risk 5. Establishing contingency reserves - Contingency funds are established to cover errors in estimates, omissions, and uncertainties that may materialize as the project is implemented.

Related questions

What are Successful acquisition management is more likely when the following risk factors are assessed and addressed?

Cost, schedule, and performance


What is the intersection of the assessed probability and severity of the hazzard called in the Composite Risk Management?

Assessment is the intersection of the assessed probability and severity of the hazard called in the Composite Risk Management.


What is the intersection of the assessed probability and severity of the hazard of Composite Risk Management process?

The risk.


How can the effectiveness of pain management be assessed?

There are objective, measurable signs and symptoms of pain that can be looked for. The goal of good pain management is the absence of these signs.


What is the intersection of the assessed and severity of a hazard called in the Composite risk management process?

Risk Level


What is the intersection of the assessed probability and severity of a hazard called in the risk management process?

Risk Level


What is the intersection of the assessed probability and severity of a hazard called in the Composite Risk Management process?

Risk Level


What is the intersection of the assessed probability and severity of a hazard called in the composite risk management process called?

Risk Level


Correct the grammar - service has assessed or the service have assessed?

service has assessed


What is the intersection of the assessed probability and severity of a hazzard in the CRM process?

what step in the composite risk management process is focused on detemining the probability and severity of a hazard occuring


Another word for assessed?

assessed = evaluated


Leadership effectiveness is best assessed by what?

Leadership effectiveness is best assessed