Success Criteria
This enables key stakeholders to determine a project's success
What is Success Criteria?
An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives
What is a Risk?
Eliminate the threat entirely
What is Avoid the risk?
This is a brand of cat food that is well known for its variety of dry and wet cat food products. Launched in the 1970s, this brand is particularly recognized for its catchy advertising jingle featuring cats meowing.
What is Meow Mix?
Bonus: 500 points to sing the song
These are required to define success criteria
What are clearly defined deliverables?
A Risk that would have a positive effect on one or more project objectives
What is an Opportunity?
This is how often R&Os should be reviewed throughout the project
Launched in 1981, this brand of frozen meal has a variety of options that are designed to be lower in fat, calories, and sodium than traditional frozen meals.
What is Lean Cuisine?
These are both leading indicators to KPIs
What are PPIs (Process Performance Indicator) and APIs (Activity Performance Indicator)?
Take actions to reduce the impact/likelihood of occurrence of the threat.
What is Mitigate the Risk?
Pass ownership to another party more capable to manage the threat.
What is Transfer the Risk?
This Coffee Creamer is known to include only 4 ingredients. Milk, Cream, Sugar, and Natural Flavors
What is Natural Bliss?
This occurs at the beginning of the project during Project Charter and is finalized at the end of Stage 2 Basic Design for final Credit Release.
When is the Success Criteria created?
This is the likelihood of a risk occuring.
What is Probability?
You can _______ the threat and define contingency actions in case the treat does occur
What is to Accept the threat?
This Nestle brand is well known for the tagline "It's not delivery, it's ____________.
What is DiGiorno pizza?
These are measures of an activity against a standard
What are APIs (Activity Performance Indicators)?
These are all prerequisites to enable a Risk and Opportunity Assessment
What are Project Plan and Milestones, Innovation Profile, and Key Success Criteria?
Risk exposure should diminish over this period of time.
What is the project lifecycle?
Created by Ruth Wakefield in the 1930s, this Nestle brand is popular with home bakers in chocolate chip cookies and brownies.
500 bonus points if you can state where the brand was created.
What are Toll House Morsels?
Created in Massachusetts at the Toll House Inn.