Question: Assume you are building a scope statement to build a new application. Name 5 risks that you might encounter and how you would mitigate or

Assume you are building a scope statement to build a new application. Name 5 risks that you might encounter and how you would mitigate or exploit them. Describe the difference between quantitative and qualitative risk. Assume you have encountered a risk that has caused you to fall behind schedule, but you notice as a result you will be able to deliver under budget. Is this a threat or an opportunity? Why?

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