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A) An assessment diagram
B) A triangular distribution
C) A tornado diagram
D) A funnel distribution
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
During the SWOT (strengths, weaknesses, opportunities, and threats) analysis.
B) During the Identify Risks phase.
As soon as the Plan Risk Management phase begins
D) As soon as a project is conceived
A) It is impossible to build an exhaustive checklist.
B) The lowest level of the Risk Breakdown Structure (RBS) cannot be used as a risk checklist
C) Quick and simple risk checklists are the least effective ones.
D) Risk checklists should be reviewed during project closure.