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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
Pair wise comparisons
D) Value engineering
A) They can create fixed float values and create external dependencies.
B) They can create arbitrary float values and limit later scheduling options.
C) They can create arbitrary float values and create external dependencies.
D) They can create arbitrary float values and create mandatory dependencies
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.
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