Cause and effect relationships that bear on risk events

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Reference no: EM132132573

1. Project managers can identify risks by learning and understanding the cause and effect relationships that bear on risk events. All of the following approaches rely upon an understanding of cause and effect relationships to identify risks EXCEPT:

a. perform a Monte Carlo analysis

b. develop a flow chart that shows how people, materials or data flow from one person or location to another

c. conduct a root cause analysis

d. understand trigger conditions, or circumstances under which a risk strategy or risk action will be invoked

2. Which of the following statements about mass tourists is NOT true?

They seek adventure beyond their comfort zone and a deeper understanding

They are motivated by pleasure of escape

They want to maximize time and money

They don’t generally focus on learning while traveling

Reference no: EM132132573

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