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.

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Answer 1

Question

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.

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Classify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and chaos:a. A hurricane on the U.S. East Coast floods a regional warehouse destroying a large amount of stock.b. A machine on the plant floor breaks down for an hour.c. Bad weather on the weekend causes an increase in demand for umbrellas.d. A cool summer causes a decrease in demand for air conditioners for that season.e. The excavation process for a new manufacturing plant in the U.S. Midwest uncovers an archaeological find of such significance that no building can take place on that site and a new site for the plant must be found.f. Competitors to the iPad launch smaller tablet computers before the iPad mini is ready to launch, thus negatively affecting demand for the iPad.g. The Second World War caused auto manufacturers to switch to producing military vehicles.h. A drug is found to have dangerous side effects following its launch.i. The transportation disruptions, including the grounding of…

Classify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and chaos:d. A cool summer causes a decrease in demand for air conditioners for that season

Classify the following risks into variation, foreseen uncertainty, unforeseen uncertainty, and chaos:a. A hurricane on the U.S. East Coast floods a regional warehouse destroying alarge amount of stock

Answer 2

Question

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.

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Answer 3

Question

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.

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Answer 4

Question

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.

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Answer 5

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.

Answer 6

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.

Answer 7

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.

Answer 8

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.

Answer 9

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.

Answer 10

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.

Answer 11

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.

Answer 12

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.

Answer 13

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.

Answer 14

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.

Answer 15

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.

Answer 16

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.

Answer 17

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.

Answer 18

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.

Answer 19

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.

Answer 20

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.

Answer 21

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.

Answer 22

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.

Answer 23

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.

Answer 24

Expert Solution & Answer

Answer 25

Expert Solution & Answer

Answer 26

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Answer 27

Ch. 3.1 - Prob. 1P Ch. 3.1 - Prob. 2P Ch. 3.1 - Prob. 3P Ch. 3.1 - Prob. 4P Ch. 3.1 - Prob. 5P Ch. 3.1 - Prob. 6P Ch. 3.2 - Prob. 7P Ch. 3.2 - Prob. 8P Ch. 3.2 - Prob. 9P Ch. 3.2 - Prob. 10P

Solution Summary: The author explains that 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. Unforeseen uncertainty is the

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