Every day we take risks, and while some are very noticeable, others are so minor that they hardly make us pause. The same is true in project management; however, risks taken can impact a project in a number of ways, and not always detrimentally. What are the key benefits of integrating risk management into a project? Explain how an effective project risk management process can relate to project success. Where relevant, share examples or illustrations from your experience, outside reading, or imagination.

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