Question: a) Define and explain project risk. (2 marks) b) State the difference between a risk and an issue. (3 marks) c) How do you identify

a) Define and explain project risk. (2 marks) b) State the difference between a risk and an issue. (3 marks) c) How do you identify risks? (5 marks) d) Identify and describe THREE (3) common techniques used in quantitative risk analysis. (5 marks) e) Describe the information that you would expect to find in a risk register. (5 marks) f) Describe the FOUR (4) basic response strategies for negative risks. (5 marks

Subject: Project Management

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