Ture/False Questions (Correct the incorrect statements) 1. ( ) The probability that a risk event will occur is higher during the initial stages of a project. 2. ( ) Due to the impact over a long period of time, risk events that occur in the early stages of a project will have a greater cost impact than those that occur in later stages. 3. ( ) During risk identification the smaller risks should be identified first because they will naturally lead to identifying the larger risks. 4. ( ) Resource leveling is used on projects which are Time-constrained. 5. ( ) All leveling techniques delay noncritical activities by using positive slack to smooth out the resource requirements. 6. () One of the disadvantages of resource leveling is the increase in the flexibility of the network. 7. () Heuristics are used in resource-constrained projects to develop the near optimal schedule.