2.2 What is the difference between a known and an unknown risk? (Max. 4 lines) Start writing here: 2.3 What is the difference between business and project risk? Make sure you provide a definition for each risk type as well as an example to illustrate the meanings thereof. (Max. 8 lines) Start writing here: 2.4 Louise is considering taking over and insourcing the work that is currently outsourced to Crossroads Hauliers and Execu-Global travel agency to avoid risks to which the programme is exposed by outsourcing this work. Louise asks you to identify the three biggest risks that can be avoided by handling the trucking of units and travel bookings internally within the programme. Be sure to word your answers clearly so that the risks you list are exclusive to outsourcing and cannot apply to insourcing, hence they can be avoided by switching to insourcing. Make sure that your answers are related to the scenario content. (Max. 2 lines per risk) Start writing here: 1. 2. 3. 2.5 Compare the risks of outsourcing versus insourcing within the LES group again. Name three risks that you would be trying to avoid by continuing to outsource the administration of travel bookings and the trucking operations on this programme instead of handling these functions within LES. Make sure that your answers are related to the scenario content. (Max. 2 lines per risk) Start writing here