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Risk projection, also called risk estimation, attempts to rate each risk in two ways-the likelihood or probability that the risk is real and the consequences of the problems associated with the risk, should it occur. The project planner, along with other managers and technical staff, performs four risk projection activities:
(1) Establish a scale that reflects the perceived likelihood of a risk,
(2) Delineate the consequences of the risk,
(3) Estimate the impact of the risk on the project and the product, and
(4) Note the overall accuracy of the risk projection so that there will be no misunderstandings
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What is data extrapolation?
An extension or projection beyond the limit of the data is extrapolation.
What is the difference between projection and prediction?
A great amount of confusion seem to have grown up in the use of words 'forecast', 'prediction' and 'projection'. A prediction is an estimate based solely in past data of the series under investigation. It is purely mechanical extrapolation. A projection is a prediction where the extrapolated values are subjects to a certain numerical assumptions. A forecast is an estimate which relates the series in which we are interested to external factors. Forecasts are made by estimating future values of the external factors by means of prediction, projection or forecast and from these values calculating the estimate of the dependent variable.
What is the intersection ofthe assessed probability and severity of a hazard called in the crm process?
It is risk assessment.It is risk assessment.It is risk assessment.It is risk assessment.
What is residual risk mean in composite risk management process?
Risk that remains after response to ridentified risk is planned/selected
Distingush between systematic and unsystematic risks which is often regarded as the only relevant risk and why?
It is the risk which is due to the factors which are beyond the control of the people working in the market and that's why risk free rate of return in used to just compensate this type of risk in market. This is the risk other than systematic risk and which is due to the factors which are controllable by the people working in market and market risk premium is used to compensate this type of risk. Total Risk = Systematic risk + Unsystematic Risk As systematic risk is beyond the control of people working in market that;s why it is defenately not the relevent risk because anything not controllable is irrelevant and that's why unsystematic risk is the relevant risk because it is in the control of investor to in which security to invest or not.
What are the cons of a cheap projection tv?
If you buy a projection TV cheaply it may be used and could be damaged, any time a product is damaged you run the risk of having to put additional money in to repairing it.
What are the three types of projection maps are?
Mercator Projection, Interrupted Projection, Robinson Projection
How are a mercator projection and an Robinson projection map the same?
what similarity about the mercator projection and the robinson projection?
What is the definition of angle of projection?
the angkle of projection is an angle and the projection
Is the spine projection or depression?
A meatus is an opening; therefor, it's a depression, not a projection.
What came first Mercator projection or the Robinson projection?
Robinson projection
Is the spine a projection or a depression?
projection
Is ramus a projection or depression?
projection
Is the head a projection or depression?
projection
Is a head projection or depression?
projection
What is a Winkle Tribal map projection?
A Winkle Tribal map projection is a modified azimuthal map projection. This is one of three projection.
What is difference between parallel and perspective projection in Computer Graphics?
Parallel projection does not produces realistic views whereas perspective projection produces realistic viewin parallel projection lines of projection are parallel whereas in perspective projection lines are not parallel and the point where these lines meets is called ceter of projection in case of perspective projection
