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Bias will be present in the identification step of the risk management process and will manifest itself in four basic areas (Raydigun, 2013). Match the
Bias will be present in the identification step of the risk management process and will manifest itself in four basic areas (Raydigun, 2013). Match the type of bias with the appropriate description. Question 4 options: Organizational Subconscious-Perceptual Subconscious-Cognitive Conscious 1. Familiarity, proximity, manageability, experience related to a particular uncertainty, overconfidence or lack of it, anchoring to first or previous impressions 2. Misunderstandings or lack of knowledge about risks and risk methods 3. Hidden agenda, double-dipping, exaggeration, drama, comedy, window-dressing, hiding, etc. 4. Quality of risk procedures and project risk management system (RMS); experience and background of risk managers, directors, VPs; qualification of risk specialists, project team members, decision makers; time and budget spent for risk management; etc
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