SOFTWARE PROJECT MANAGEMENT
QUALITY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is the effect of uncertainty and any such uncertainty can have positive or negative effects?
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Opportunity
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Event
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Occurrence
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Risk
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Explanation:
Detailed explanation-1: -Risk is the effect of uncertainty and any such uncertainty can have positive or negative effects. A positive deviation arising from a risk can provide an opportunity, but not all positive effects of risk result in opportunities.
Detailed explanation-2: -Risk is the Effect of Uncertainty on Objectives. According to ISO 31000, risk is the effect of uncertainty on objectives.
Detailed explanation-3: -A risk is an uncertain event or condition. If it occurs, it will have a positive (good) or negative (bad) effect on the project or a project objective. We call positive risks opportunities and negative risks threats.
There is 1 question to complete.