_____ involves reducing the impact of a risk event by reducing the probability of its occurrence.

_____ involves eliminating a specific threat, usually by eliminating its causes.

_____ are unplanned responses to risk events used when project teams do not have contingency plans in place.

_____ involves changing the size of the opportunity by identifying and maximizing key drivers of the positive risk.

_____ involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.

A(n) _____ represents decision problems by displaying essential elements, including decisions, uncertainties, causality, and objectives, and how they influence each other.

Risk utility rises at a decreasing rate for a _____ person.

A _____ person achieves a balance between risk and payoff.

The _____ lists the relative probability of a risk occurring and the relative impact of the risk occurring.

Performing qualitative and quantitative risk analyses are subprocesses of the _____ process of project risk management.

What is the first step in a Monte Carlo analysis?

_____ involves determining which risks are likely to affect a project and documenting the characteristics of each.

_____ are predefined actions that the project team will take if an identified risk event occurs.

_____ involves deciding how to approach and plan the risk management activities for the project.

_____ involves taking steps to enhance opportunities and reduce threats to meeting project objectives.

_____ risks refer to those that are direct results of implementing risk responses.

_____ involves doing whatever you can to make sure the positive risk happens.

_____ involves numerically estimating the effects of risks on project objectives.

Those who are _____ have a higher tolerance for risk, and their satisfaction increases when more payoff is at stake.

Identifying risks is a subprocess of the _____ process of project risk management.

A(n) _____ is a diagramming analysis technique used to help select the best course of action in situations in which future outcomes are uncertain.

_____ involves allocating ownership of the risk to another party.