week3


Set of flashcards Details

Flashcards 45
Language Français
Category Micro-Economics
Level University
Created / Updated 10.10.2017 / 02.01.2018
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what are milestones?

events or stages of the project that represent a significant accomplishment. 

Milestones show completion, signal the team and suppliers, can motivate the team, offer reevaluation points

what are the 5 risk parameters in construction?

1. Deadlines 2. costs 3. contacts 4. quality 5. performance

what are the 4 stages in risk management process?

1. risk identification 2. risk classification and assesment 3. definition of measurements 4. risk monitoring and reporting

how can you classify risks?

with manitude in CHF (x)  and probability in % (y)

what are 4 risk management approaches?

1. Risk avoidance 2. Risk reduction 3. Risk transfer 4. Acceptance of risk