Asked by Kimmy Mendivel on Jun 12, 2024
Verified
_____ represents the likelihood that an event will happen during the life of the project that will negatively affect the achievement of project goals.
A) Scope creep
B) Risk
C) Float
D) Rough order of magnitude
E) Slack
Scope Creep
The gradual expansion of a project's objectives, features, or deliverables beyond its original goals, often leading to increased costs and delays.
Risk
The possibility of loss, injury, or other adverse or unwelcome circumstance; a situation involving exposure to danger.
Float
The duration a project activity can be postponed without affecting the start times of future tasks or the final project deadline.
- Describe the elements encompassing dangers and quality norms essential to project management.
Verified Answer
DS
Derrick SmallsJun 12, 2024
Final Answer :
B
Explanation :
Risk represents the likelihood of an unfavorable event occurring during the project. The project team should identify and manage potential risks throughout the project life cycle to minimize their impact on the project's success. The other options, such as scope creep, rough order of magnitude, float, and slack, do not directly relate to the likelihood of negative events occurring during the project.
Learning Objectives
- Describe the elements encompassing dangers and quality norms essential to project management.