Chapter 3.3, Problem 14P

a.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty isthe risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

b.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

c.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

d.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

e.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

f.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

g.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something that the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk that impacts the fundamental goals of the project an organization is working on.

h.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.

i.

Summary Introduction

To classify: The type of risks in the given situation.

Introduction: The risks arising in a situation are segmented into four criteria. Variation risk is something which the organization is prepared for and does not give it much prominence. Foreseen uncertainty is the risk which the organizations have developed contingency plans for. Unforeseen uncertainty is the risk that is not predicted within the limits of organizational strategies. Chaos is also an unforeseen risk which impacts the fundamental goals of the project an organization is working on.