Question: 1. How can severe optimism or severe pessimism influence the development of a risk management plan? 2. How effective is a risk management plan if

1. How can severe optimism or severe pessimism influence the development of a risk management plan?

2. How effective is a risk management plan if cost overruns and schedule slippages are always allowed? Explain your answer.

3. Should the customer be allowed to participate in or assist the contractor in developing a risk management plan?

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