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Passive acceptance is no longer adopted in projects and is not an accepted strategy.
B) Passive acceptance requires no action except to document the strategy and come up with a risk management strategy.
Passive acceptance requires no action.
Passive acceptance requires no action except to document the strategy.
A) Reserves are included as part of earned value measurement calculations.
B) Reserves are not part of the project cost baseline.
C) The project manager needs to get approval before spending management reserve.
D) Reserves are usually included in the total budget of a project.
Input: Cost of each decision Output: Probability of occurrence
B) Input: Cost of each decision Output: Decision made
Input: Scenario probability Output: Expected Monetary Value (EMV)
D) Input: Cost of each decision Output: Payoff
A rating of 1.1 on the impact scale
A rating of 0.8 on the impact scale
C) A rating of 0 on the impact scale
A rating of 0.1 on the impact scale