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Project Management

Question 1: Risk& Risk Mitigation

them. By doing this the value of the project is enhanced.

  1. a)  Explain why a “project” is enhanced by the allocation of risks?
  2. b)  Explain and give 4 examples of projects risks & how they can be allocated.
  3. c) Explain why risks are ranked “High, Medium or Low”?
  4. d) Explain the importance of “mitigation” when assessing risks? and
  5. e) R.Tinsley suggests a caveat should “ensure the 3 party is good for it” Explain
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Category: Sample Questions