The project manger is trying to perform project risk analysis to determine the impact of potential losses on projects.
<h3>What is risk analysis?</h3>
Risk analysis is the process of identifying and analyzing potential losses arising from key business initiatives or projects, thereby helping the organization to manage the risks' impacts.
Using a probability and impact matrix as a table of values shows the probability of potential risks and their severity of impact. The probability and impact matrix serves as a technique for the project manager to perform risk analysis.
Thus, the project manager is trying to perform project risk analysis to determine the impact of potential losses on projects.
Learn more about risk analysis in project management at brainly.com/question/15296501
Answer:
the need that drives a person to work and even struggle for the objective that he wants to achieve
Explanation:
The answer is formal group. A formal group is a cluster or
group of individuals, who decided to work together to achieve and reach a specific
goals. Formal groups are made of individuals committed to fulfill tasks.
According to the given example, this group is created to produce and develop a
new series of skincare products specifically for the individuals over the old
age of sixty (60), the example states that the group is created to develop a
new-line of skincare products, so it is to be considered that the group being
referred to is the formal group, it has indicated that there is a specific goal
that is set for different individuals to come together and fulfill a specific
goal.