Question

In: Operations Management

Which of the following scenarios is likely to occur in a project? Risk and uncertainty are...

Which of the following scenarios is likely to occur in a project?

Risk and uncertainty are lowest at the start of the project.

Cost of changes are the highest at the start of the project.

Stakeholders' influence on the project is lowest at the start of the project.

Cost and staffing levels are low at the start of the project.

Solutions

Expert Solution

Answer:

Risk and uncertainty are lowest at the start of the project

Stakeholders influence on the project is lowest at the start of the project

Explanation:

Risks and uncertainity arises only when the project progresses it may not occur at the start of the project.Stakeholders are members who care about the outcome of the project so they donot involve more at the beginning


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