From the units' readings, we note that the chances of risk events occurring and their respective costs
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Question:
From the units' readings, we note that the chances of risk events occurring and their respective costs increasing change over the project life cycle. Assume you are a project manager of a construction project. The customer has requested a change to enhance/ improve the kitchen fixtures and add a gazebo in the front yard, which will increase the project risk.
- How would you describe the corresponding cost implications to the customer?
- What risk factors would the customer face if you were to implement these changes?
Related Book For
Project management the managerial process
ISBN: 978-0073403342
5th edition
Authors: Eric W Larson, Clifford F. Gray
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