MANAGEMENT

Detailed explanation-1: -Hence, we conclude that the observation technique is not a quantitative technique of evaluation. Observation refers to the process of watching things with a purpose.

Detailed explanation-2: -Sensitivity analysis – For determining which risks may have the most potential impact on the project.

Detailed explanation-3: -Risk analysis is the process of identifying and analyzing potential issues that could negatively impact key business initiatives or projects. This process is done in order to help organizations avoid or mitigate those risks.

Detailed explanation-4: -4. Time crunch. Time risk, also known as project schedule risk, is the risk that tasks in your project will take longer than expected.