Question: Identify and explain the different options of treating project risks. 1 . Risk avoidance. 2 . Risk reduction. 3 . Risk transfer. 4 . Risk

Identify and explain the different options of treating project risks.
1. Risk avoidance.
2. Risk reduction.
3. Risk transfer.
4. Risk sharing.
5. Risk acceptance.
6. Risk exploitation.
7. Contingency planning.

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