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Question: 1 / 410

When assessing enterprise limitations using the risk analysis and management technique, what three areas of risk should be considered?

Technology, finance, business

The correct focus on technology, finance, and business when assessing enterprise limitations using the risk analysis and management technique highlights critical aspects that can significantly impact an organization's capability and readiness to adapt and succeed in its initiatives.

Technology risks can involve the potential for outdated systems, cybersecurity threats, or challenges in integrating new technological solutions. This area is increasingly vital as businesses rely more on technology for operations and competitive advantage.

Financial risks encompass funding issues, budget overruns, and market fluctuations, all of which can hinder project execution and strategic initiatives. Understanding the financial landscape ensures that enterprises can allocate resources effectively and prepare for potential financial constraints.

Business risks relate to organizational strategies, operations, and market positioning. This includes potential operational inefficiencies, stakeholder expectations, and changes in customer behaviors, which can all pose risks to achieving business objectives.

In contrast, the other options focus on different aspects that may also be important but do not holistically capture the primary risks affecting business operations and decision-making processes. Time, resources, and scope are more project management-centric and are essential considerations but do not fully encapsulate enterprise-wide limitations. Quality, market, and competition emphasize external factors that can influence an organization but might not directly reflect internal limitations. Lastly, legal, social, and environmental considerations

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Time, resources, scope

Quality, market, competition

Legal, social, environmental

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