Question

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at allA. TrueB. False

Answer 1

Answer:

TRUE

Explanation:

Sometimes the risks posed by a project are deemed unacceptably large compared to the potential benefits, and the ultimate avoidance strategy is to not perform the project at all.

The major reason for risk identification in risk analysis is to know if there are risks that will either cause the project to fail or erase all the potential benefits of the project.

Risks that have been categorized as both high impact and high probability of occurrence will most likely cause a project to be terminated, or to fail if it is continued in spite of the risks identified.

Such projects can only be performed if they somission critical and their impact and probability of occurrence can be reduced