Project Management Chapter 4

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Across
  1. 4. __________ is the technique by which projects can identify and understand possible improvements to their project objectives.
  2. 6. Instead of passing on potential risks, some individuals and businesses choose to handle them directly through a strategy called risk __________, where they accept and manage the potential negative outcomes themselves.
  3. 8. A _______________ plan is developed to respond to risks, in particular those with a high impact and low probability of occurring. It is also sometimes referred to as “Plan B”.
Down
  1. 1. To stay safe, many people and businesses use risk __________ to avoid situations that could be uncertain or potentially harmful.
  2. 2. The size of the _______________ varies in terms of cost and impact on health, human life, or some other critical factor.
  3. 3. A risk is an event that "may" occur.
  4. 5. _______________ is uncertain event or condition, It can be negative or positive.
  5. 6. To minimize risks, many people and businesses use risk __________ to decrease the likelihood or severity of negative outcomes
  6. 7. To distribute potential risks, many individuals and businesses engage in a strategy called risk __________, which involves collaborating with others to divide the burden of potential negative outcomes.